56:4-1.1. Contracts to restrain resale of commodity at lower than stipulated price; unenforceability
40 words·~1 min read·
/nj/title-56/chapter-4/56-4-1-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any contract provision that purports to restrain a vendee of a commodity from reselling such commodity at less than the price stipulated by the vendor or producer shall not be enforceable or actionable at law.
L.1975, c. 107, s. 3.