To amend title 17, United States Code, to preserve efficient low-cost commercial financing of enterprises based upon the security of their copyrights and copyrightable assets by confirming that a security interest perfected therein through traditional, practical, and appropriate means will prevail over lien creditors.
Requires the rights of a transferee of an interest in a copyright or a copyright's proceeds, other than a lien creditor, to prevail over the conflicting rights of the transferee of a security interest in the copyright unless the security interest is perfected under Federal copyright provisions.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on Courts and Intellectual Property.
Sponsor introductory remarks on measure. (CR E926-927)
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