By Leedom S.B. No. 533
74R4401 DWS-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to a principal who uses a sales representative.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 35.81(2), Business & Commerce Code, is
1-5 amended to read as follows:
1-6 (2) "Principal" means a person who:
1-7 (A) <does not have a permanent or fixed place of
1-8 business in this state;>
1-9 <(B)> manufactures, produces, imports, or
1-10 distributes a product for sale <to customers who purchase the
1-11 product for resale>;
1-12 (B) <(C)> uses a sales representative to solicit
1-13 orders for the product; and
1-14 (C) <(D)> compensates the sales representative
1-15 in whole or in part by commission.
1-16 SECTION 2. This Act takes effect September 1, 1995.
1-17 SECTION 3. The importance of this legislation and the
1-18 crowded condition of the calendars in both houses create an
1-19 emergency and an imperative public necessity that the
1-20 constitutional rule requiring bills to be read on three several
1-21 days in each house be suspended, and this rule is hereby suspended.