Indiana Code 24-1-5-4. Invitation to bids; requisites

Sec. 4. If bids are invited from exhibitors for the licensing of a motion picture, the invitation to bid shall specify:

(1) whether the run for which the bid is invited is a first, second, or subsequent run;

Bid: means a written offer or proposal by an exhibitor to a distributor in response to an invitation to bid for the right to exhibit a motion picture. See Indiana Code 24-1-5-1
Run: means the continuous exhibition of a motion picture in a defined geographic area for a specified period of time. See Indiana Code 24-1-5-1

(2) whether the run is an exclusive or nonexclusive run;

(3) the geographic area for the run;

(4) the date and hour the invitation to bid expires; and

(5) the time and date when, and the location of the office serving the territory where, the bids will be opened.

As added by Acts 1980, P.L.161, SEC.1.