By: Leedom S.B. No. 533
A BILL TO BE ENTITLED
AN ACT
1-1 relating to a principal who uses a sales representative.
1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-3 SECTION 1. Subdivision (2), Section 35.81, Business &
1-4 Commerce Code, is amended to read as follows:
1-5 (2) "Principal" means a person who:
1-6 (A) <does not have a permanent or fixed place of
1-7 business in this state;>
1-8 <(B)> manufactures, produces, imports, or
1-9 distributes a product for sale <to customers who purchase the
1-10 product for resale>;
1-11 (B) <(C)> uses a sales representative to solicit
1-12 orders for the product; and
1-13 (C) <(D)> compensates the sales representative
1-14 in whole or in part by commission.
1-15 SECTION 2. This Act takes effect September 1, 1995.
1-16 SECTION 3. The importance of this legislation and the
1-17 crowded condition of the calendars in both houses create an
1-18 emergency and an imperative public necessity that the
1-19 constitutional rule requiring bills to be read on three several
1-20 days in each house be suspended, and this rule is hereby suspended.