Tex. Bus. & Com. Code § 54.003 · Chapter 54. COMPENSATION AGREEMENTS FOR SALES REPRESENTATIVES
PAYMENT ON TERMINATION OF CERTAIN COMPENSATION AGREEMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
If a compensation agreement between a sales representative and a principal that does not comply with Section 54.002 is terminated, the principal shall pay all commissions due the sales representative not later than the 30th working day after the date of the termination.
Notes and commentary — not statutory text
History
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.54.htm
- Text hash
- sha256 a6b9b8623272398c2d08bc1685c323cd836727d3e7154279a2a10344be445bf9
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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