Index
Trade SecretUnited States (State Adopted)

Uniform Trade Secrets Act (UTSA)

Summary

A model law adopted by most US states to provide a legal framework for protecting commercial secrets and defining what constitutes theft of those secrets.

Rights & Rules

  • 01.
    The right to keep business methods, formulas, or customer lists confidential.
  • 02.
    The right to sue an employee or competitor who steals or leaks proprietary information.

Penalties

  • 01.
    Compensatory damages for actual loss caused by misappropriation.
  • 02.
    Punitive damages (up to twice the award) for willful or malicious theft.
  • 03.
    Attorney's fees awarded to the prevailing party.

Verified Citations

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