Uniform Trade Secrets Act
Indiana · Consumer Genetic Testing Providers · §§ 24-2-3-1 to 24-2-3-8 · 8 sections
Overview
The act governs the protection of trade secrets and the consequences of their misappropriation, defining what information qualifies for protection and what conduct amounts to improper acquisition, disclosure, or use. It establishes civil remedies for owners — injunctive relief against actual or threatened misappropriation, damages, and attorney's fees in some circumstances — while also treating theft of a trade secret as a criminal offense, and it addresses the effect of posting or disseminating protected information on the Internet. It further supplies a rebuttable presumption that an owner took reasonable steps to keep the information secret, provides for preserving secrecy during proceedings, fixes a limitations period for claims, and sets out how it interacts with other law and remedies.
Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.
In the courts
Sections of this act have been cited in 73 court decisions.
Most-cited authority: 828 F.2d 734 - American Standard Inc. v. Pfizer Inc.
Sections covered
- Ind. Code § 24-2-3-1Short title; construction; purpose20 cites
- Ind. Code § 24-2-3-2Definitions33 cites
- Ind. Code § 24-2-3-3Injunction against misappropriation; exceptional circumstances11 cites
- Ind. Code § 24-2-3-4Damages for misappropriation and unjust enrichment; royalty; exemplary damages3 cites
- Ind. Code § 24-2-3-5Attorney's fees; conditions1 cite
- Ind. Code § 24-2-3-6Preservation of secrecy of trade secret
- Ind. Code § 24-2-3-7Limitation of action3 cites
- Ind. Code § 24-2-3-8Continuing misappropriation commenced before September 1, 19822 cites
Enacted in other states
Alaska, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Iowa, Kentucky, Louisiana, Maryland, Maine, Minnesota, Mississippi, Montana, North Dakota, New Hampshire, New Mexico, Nevada, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, Virginia, West Virginia, Wyoming
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