Files
republic-os/legal/us/code/title-17/chapter-10/section-1005.md
T
Fabio 76b8ec33a7 Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
verified on Title 42's 8,356 sections); make check green. make
legal-us-code default now covers every title.

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

42 lines
2.3 KiB
Markdown
Raw Blame History

This file contains ambiguous Unicode characters
This file contains Unicode characters that might be confused with other characters. If you think that this is intentional, you can safely ignore this warning. Use the Escape button to reveal them.
---
type: "LegalText"
title: "17 U.S.C. § 1005"
description: "Deposit of royalty payments and deduction of expenses"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 17
title_name: "COPYRIGHTS"
chapter_number: "10"
chapter_name: "DIGITAL AUDIO RECORDING DEVICES AND MEDIA"
section: "1005"
citation: "17 U.S.C. § 1005"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc17@119-100.zip"
source_identifier: "/us/usc/t17/s1005"
source_file: "data/legal/raw/us/code/title-17/usc17.xml"
source_hash: "6e92d1bf27ce235f06c16ff0f6a97e82659942720d41280abc0ec2f56016140b"
raw_snapshot_hash: "53c244d73050c7c92329dce6d1ccd78b9e2fece359d919b044b600b95258446c"
text_hash: "13fee37eb2548df8b190b658686b0bba0b27bfec85e81c2e9c8061f2b094a835"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 17 U.S.C. § 1005 - Deposit of royalty payments and deduction of expenses
## Text
The Register of Copyrights shall receive all royalty payments deposited under this chapter and, after deducting the reasonable costs incurred by the Copyright Office under this chapter, shall deposit the balance in the Treasury of the United States as offsetting receipts, in such manner as the Secretary of the Treasury directs. All funds held by the Secretary of the Treasury shall be invested in interest-bearing United States securities for later distribution with interest under section 1007. The Register may, in the Registers discretion, 4 years after the close of any calendar year, close out the royalty payments account for that calendar year, and may treat any funds remaining in such account and any subsequent deposits that would otherwise be attributable to that calendar year as attributable to the succeeding calendar year.
(Added Pub. L. 102563, § 2, Oct. 28, 1992, 106 Stat. 4242; amended Pub. L. 103198, § 6(b)(2), Dec. 17, 1993, 107 Stat. 2312.)
## Notes
Editorial Notes
Amendments1993—Pub. L. 103198 struck out at end “The Register shall submit to the Copyright Royalty Tribunal, on a monthly basis, a financial statement reporting the amount of royalties under this chapter that are available for distribution.”