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§ 203-5. Guarantees

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and Commerce

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 73 P.S. Trade and Commerce (Refs & Annos)
Chapter 4. Fair Trade and Business Practices (Refs & Annos)
Feature Motion Picture Fair Business Practices Law
73 P.S. § 203-5
§ 203-5. Guarantees
(a) Minimum payment to distributor.--It shall be unlawful for any license agreement which provides for a fee or other payment to the distributor based in whole or in part on the attendance or the box office receipts at a theatre within the Commonwealth to contain or be conditioned upon a guarantee of a minimum payment to the distributor.
(b) Prohibited guarantees void.--Any provision, agreement or understanding which provides for such a guarantee shall be void and purported waiver of the prohibition in subsection (a) shall be void and unenforceable.

Credits

1980, Feb. 29, P.L. 40, No. 14, § 5, effective in 60 days.
73 P.S. § 203-5, PA ST 73 P.S. § 203-5
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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