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Issue 411 - February 18, 2011   

Copyright Office Issues Final Rule on Deposit Accounts

The Copyright Office is amending its regulations on deposit accounts used to pay for Office services. The new rule sets the minimum level of activity required to hold a deposit account at 12 transactions per year; requires deposit account holders to maintain a minimum balance in that account; offers deposit account holders the option of automatic replenishment of their account via their bank account or credit card; and requires the closure of a deposit account the second time it is overdrawn within any 12-month period with an option for reinstatement provided the deposit account holder agrees to automatic replenishment. The Office will continue to offer deposit accounts for the foreseeable future.
(Read more.)


February 28, 2011 Due date for comments on proposed amendments to regulations governing deposit requirements for applications for automated databases that consist predominantly of photographs
April 13, 2011 Due date for reply comments on pre-1972 sound recordings
March 29, 2011

Due date for affidavits identifying television broadcast stations that qualify as specialty stations

May 1, 2011

Effective date of final rule on deposit accounts

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