18-7704 PROHIBITION ON MINIMUM FEE GUARANTEE.
CRIMES AND PUNISHMENTS
CHAPTER 77
MOTION PICTURE FAIR BIDDING ACT
18-7704. Prohibition on Minimum Fee Guarantee. 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 state to contain or be conditioned upon a guarantee of a minimum payment to the distributor.
(2) Any provision, agreement or understanding which provides for such a guarantee shall be void, and any purported waiver of the prohibition in subsection (1) of section 4 of this act shall be void and unenforceable.