1998 Minnesota Statutes

     325E.52 Royalty contract requirements. 

    Every contract for the payment of royalties between a 
 proprietor and a performing rights society executed in this 
 state must be in writing and signed by the parties and must 
 include, at a minimum, the following information: 

    (1) the proprietor's name and business address and the name 
 and location of each place of business to which the contract 
 applies; 

    (2) the name of the performing rights society; 

    (3) the duration of the contract; and 

    (4) the schedule of rates and terms of the royalties to be 
 collected under the contract, including any sliding scale or 
 schedule for any increase or decrease of rates for the duration 
 of the contract. 

    HIST: 1996 c 336 s 3