South Carolina Code 39-65-70. Effect of waiver of chapter provisions in contract
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Terms Used In South Carolina Code 39-65-70
- Contract: A legal written agreement that becomes binding when signed.
- Principal: means a person who:
(a) manufactures, produces, imports, or distributes a tangible product for wholesale;
(b) contracts with a sales representative to solicit orders for the product; and
(c) compensates the sales representative, in whole or in part, by commission. See South Carolina Code 39-65-10 - Sales representative: means a person who:
(a) contracts with a principal to solicit wholesale orders;
(b) is compensated, in whole or in part, by commission;
(c) does not place orders or purchase for his own account or for resale; and
(d) does not sell or take orders for the sale of products to the ultimate consumer. See South Carolina Code 39-65-10
A provision in any contract between a sales representative and a principal purporting to waive any provision of this chapter, whether by expressed waiver or by a contract subject to the laws of another state, is void.