The acceptance by a sales representative of a partial commission payment from a principal shall not constitute a release by such sales representative of any other commissions which such sales representative claims are due except if such payment is made pursuant to a binding and final written settlement agreement and release. Any full release of all commissions claimed to be owed by a sales representative as a condition to a partial commission payment shall be null and void.
(P.A. 05-166, S. 3.)
History: P.A. 05-166 effective July 1, 2005.
Structure Connecticut General Statutes
Title 42 - Business, Selling, Trading and Collection Practices
Chapter 743ff - Sales Representatives' Commissions
Section 42-481. - Definitions.
Section 42-483. - Acceptance of partial commission not deemed a release.
Section 42-484. - Waiver of provisions not allowed. Construction and applicability.