South Carolina Code 39-5-540. Waiver of blind bidding prohibited
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In South Carolina Code 39-5-540
- Bid: means a written or oral offer or proposal by an exhibitor to a distributor in response to an invitation to bid or otherwise stating the terms under which the exhibitor will agree to exhibit a motion picture. See South Carolina Code 39-5-510
- Blind bidding: means the bidding for, negotiating for or offering or agreeing to terms for the licensing or exhibition of a motion picture if the motion picture has not been trade screened within the State or in the Film Exchange Center in the State of North Carolina before any such event has occurred. See South Carolina Code 39-5-510
- Run: means the continuous exhibition of a motion picture in a defined geographic area for a specified period of time. See South Carolina Code 39-5-510
If the first run exhibitors within any county in this State desire to waive the provisions of this article for the purpose of blind bidding on a movie to be shown within that county, the exhibitors may waive the provisions and blind bid if all exhibitors within that county who exhibit first run movies agree in writing to such waiver; and the distributors shall have the right to request waivers from any and all first run exhibitors.