North Dakota § 47-21.2-03 Contract requirements

North Dakota Statutes

§ 47-21.2-03 — Contract requirements

North Dakota § 47-21.2-03

Title 47Property

Ch. 47-21.2Royalties Contracts

This text of North Dakota § 47-21.2-03 (Contract requirements) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 47-21.2-03 (2026).

Text

Every contract for the payment of royalties between a proprietor and a performing rights society executed, issued, or renewed in this state must be signed by both parties to the contract and must include 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 and business address of the performing rights society;

3.The duration of the contract; and

4.The schedule of rates and terms of royalties to be collected under the contract, including any sliding scale, discount, or schedule for any increase or decrease of those 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, issued, or renewed in this state must be signed by both parties to the contract
and must include 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 and business address of the performing rights society;
3. The duration of the contract; and
4. The schedule of rates and terms of royalties to be collected under the contract,
including any sliding scale, discount, or schedule for any increase or decrease of those
rates for the duration of the contract.