Illinois Compiled Statutes 820 ILCS 120 Sales Representative Act. Section 3

    (820 ILCS 120/3) (from Ch. 48, par. 2253)

    Sec. 3. A principal who fails to comply with the provisions of Section 2 concerning timely payment or with any contractual provision concerning timely payment of commissions due upon the termination of the contract with the sales representative, shall be liable in a civil action for exemplary damages in an amount which does not exceed 3 times the amount of the commissions owed to the sales representative. Additionally, such principal shall pay the sales representative's reasonable attorney's fees and court costs.

(Source: P.A. 84-627.)

Sections:  Previous  0.01  1  2  3

Last modified: February 18, 2015