; and (B) the reasonable administrative expenses of the collecting society as determined by regulations issued under subsection (h). (3) Unclaimed royalties (A) Escrow Subject to subparagraph (B), if, after a good faith effort, a visual artists’ copyright collecting society is not able to make a timely distribution under paragraph (2) because the copyright collecting society is unable to locate the author or author’s successor as copyright owner, the copyright collecting society shall— (i) deposit the amount that would have been distributed to the author or author's successor as copyright owner into an interest-bearing escrow account until the author or author’s successor as copyright owner has been identified and located; and (ii) upon locating the author or author's successor as copyright owner, distribute the amount described in clause (i), including interest, to the author or author’s successor as copyright owner. (B) Transfer If the author or author’s successor as copyright owner of a work of visual art is not identified and located during the 3-year period beginning on the date on which the sale of the copy of the work of visual art occurs, the amount that would have been distributed to the author or author's successor as copyright owner under paragraph (2) shall be transferred to the Copyright Office for the purposes of developing and conducting programs, symposia, and education initiatives in support of artists in the United States. (4) Administration A visual artists’ copyright collecting society shall administer all amounts collected under this subsection in accordance with generally accepted accounting principles. (e) Failure To pay royalty (1) Right of action Except as provided in paragraph (2), if a person fails to pay or distribute a royalty in accordance with subsection (d), the person to which the royalty is due may bring an action in an appropriate district court of the United States to recover either— (A) the amount of the royalty