{"data":{"id":"us-in/ic-24-4-7-3","jurisdiction":"us-in","citation":"IC 24-4-7-3","heading":"\"Principal\"","body":"Sec. 3. As used in this chapter, \"principal\" means a person who:\n(1) manufactures, produces, imports, sells, or distributes a product for wholesale;\n(2) contracts with a sales representative to solicit wholesale orders for the product; and\n(3) compensates the sales representative, in whole or in part, by commission.","path":["TITLE 24. TRADE REGULATION","ARTICLE 4. REGULATED BUSINESSES","Chapter 7. Contracts With Wholesale Sales Representatives"],"source_url":"https://iga.in.gov/ic/2026/Title_24.html#24-4-7-3","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-04T18:50:41Z","sha256":"130907d3f6d10c7b7ab51cdc7828f5638ba0587c4ca2fb5d1d20a7c16fd6f542","source_id":"us-in","stale":false,"prev":"us-in/ic-24-4-7-2","next":"us-in/ic-24-4-7-4"},"notice":"GroundRules: Original legal text. Not legal advice."}