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Session Laws, 1977
Volume 735, Page 2114   View pdf image
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2114                                        LAWS OF MARYLAND                              Ch. 362
deceit, and financial hardship; to encourage competition, fair dealing, and prosperity in the
field of invention development services by requiring adequate disclosure and financial security; permitting certain remedies, and investigative powers by the Attorney General providing that certain actions concerning invention services are unfair or deceptive trade practices under the Consumer Protection Act. BY adding to repealing and reenacting, with amendments, Article - Commercial Law Section 14-1301 through 14-1311, inclusive, to be under the new subtitle "Subtitle 13. Regulation of Invention Development Services" 13-301(9) Annotated Code of Maryland (1975 Volume and 1976 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That new Sections 14-1301 through 14-1311, inclusive, to be under the new subtitle "Subtitle 13.
Regulation of Invention Development Services" be and they are hereby added to Section 13-301(9) of Article - Commercial Law, of the Annotated Code of Maryland (1975 Volume and 1976 Supplement) be and it is hereby repealed and reenacted, with amendments, to read as follows: Article - Commercial Law SUBTITLE 13. REGULATION OF INVENTION DEVELOPMENT SERVICES 14-1301. DEFINITIONS. (A) IN THIS SUBTITLE, THE FOLLOWING WORDS HAVE THE MEANINGS INDICATED, UNLESS A DIFFERENT MEANING CLEARLY APPEARS FROM THE CONTEXT.       (B) "CONTRACT FOR INVENTION DEVELOPMENT SERVICES" MEANS A CONTRACT BY WHICH AN INVENTION DEVELOPER UNDERTAKES INVENTION DEVELOPMENT SERVICES FOR A CUSTOMER. (C) "CUSTOMER" MEANS ANY PERSON, FIRM, PARTNERSHIP, CORPORATION, OR OTHER ENTITY THAT IS SOLICITED BY, OR ENTERS INTO A CONTRACT FOR INVENTION DEVELOPMENT SERVICES WITH, AN INVENTION DEVELOPER. (D) "INVENTION DEVELOPMENT" MEANS THE EVALUATION,
PERFECTION, MARKETING, BROKERING, OR PROMOTING OF AN
INVENTION BY AN INVENTION DEVELOPER, INCLUDING A PATENT
SEARCH, PREPARATION OR PROSECUTION OF A PATENT APPLICATION, AND ANY OTHER ACT BY AN INVENTION DEVELOPER DONE FOR CONSIDERATION FOR THE PURPOSE OF PROCURING OR ATTEMPTING TO PROCURE A LICENSEE, BUYER OR PATENT FOR AN INVENTION. INVENTION DEVELOPMENT DOES NOT INCLUDE THOSE


 
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Session Laws, 1977
Volume 735, Page 2114   View pdf image
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