Terms Used In Indiana Code 24-1-5-6

  • 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
  • Distributor: means a person engaged in the business of distributing or supplying motion pictures to exhibitors by rental, sale or licensing. See Indiana Code 24-1-5-1
  • Exhibitor: means a person engaged in the business of operating one (1) or more theaters. See Indiana Code 24-1-5-1
   Sec. 6. Within ten (10) business days of the bid opening, the distributor shall give notice of the name of the winning bidder or the fact that none of the bids were accepted to each exhibitor submitting a bid.

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