Minnesota § 325E.52 ROYALTY CONTRACT REQUIREMENTS

Minnesota Statutes

§ 325E.52 — ROYALTY CONTRACT REQUIREMENTS

Minnesota § 325E.52

PartTRADE REGULATIONS, CONSUMER PROTECTION

Ch. 325ETRADE PRACTICES

This text of Minnesota § 325E.52 (ROYALTY CONTRACT REQUIREMENTS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 325E.52 (2026).

Text

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.

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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.