13-10a-4 - Notification of rights.

13-10a-4. Notification of rights.
No performing rights society or organization may enter into, or offer to enter into, acontract for the payment of royalties by a proprietor unless at the time of the offer, or any timethereafter, but no later than 72 hours prior to the execution of the contract, it provides to theproprietor, in writing, a schedule of the rates and terms of royalties under the contract, including:
(1) any sliding scale, discounts, or reductions in fees on any basis for which theproprietor may be eligible; and
(2) any scheduled increases or decreases in fees during the term of the contract.

Enacted by Chapter 324, 1998 General Session