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Title 37 Part 385 → Subpart A → §385.3

Title 37 → Chapter III → Subchapter E → Part 385 → Subpart A → §385.3

Electronic Code of Federal Regulations e-CFR

Title 37 Part 385 → Subpart A → §385.3

e-CFR data is current as of February 20, 2020

Title 37Chapter IIISubchapter EPart 385Subpart A → §385.3


Title 37: Patents, Trademarks, and Copyrights
PART 385—RATES AND TERMS FOR USE OF NONDRAMATIC MUSICAL WORKS IN THE MAKING AND DISTRIBUTING OF PHYSICAL AND DIGITAL PHONORECORDS
Subpart A—Regulations of General Application


§385.3   Late payments.

A Licensee shall pay a late fee of 1.5% per month, or the highest lawful rate, whichever is lower, for any payment owed to a Copyright Owner and remaining unpaid after the due date established in 17 U.S.C. 115(c)(2)(I) or 115(d)(4)(A)(i), as applicable and detailed in part 210 of this title. Late fees shall accrue from the due date until the Copyright Owner receives payment.

[84 FR 2031, Feb. 5, 2019, as amended at 84 FR 32316, July 8, 2019]