Oregon Revised Statutes Chapter 647 § 647.710 — Requirements for contracts for payment of royalties

Requirements for contracts for payment of royalties. A contract that a performing rights society executes or renews in this state under which a proprietor pays royalties must be: (1) In writing; (2) Signed by the parties; and (3) Written to include, at a minimum, the following information: (a) The proprietor’s name and business address and the name and location of each place of business to which the contract applies; (b) The name of the performing rights society; (c) The duration of the contract; and (d) The schedule of rates and terms of the royalties the performing rights society will collect under the contract, including the terms of any sliding scale or schedule for any increase or decrease of the rates for the duration of the contract. [1997 c.236 §3; 2018 c.28 §6] Note: See note under 647.700.