No copyright owner or performing rights society may enter into, or offer to enter into, a contract for the payment of royalties by a proprietor unless at least 72 hours prior to the execution of that contract, it provides to the proprietor, in writing, the following:
(a) A schedule of the rates and terms of royalties under the contract.
Terms Used In California Business and Professions Code 21751
- Contract: A legal written agreement that becomes binding when signed.
- Subdivision: means a subdivision of the section in which that term occurs, unless some other section is expressly mentioned. See California Business and Professions Code 15
(b) Notice that the proprietor is entitled to the information contained in subdivision (a) and Section 21751.5.
(Added by Stats. 1996, Ch. 340, Sec. 2. Effective January 1, 1997.)