Uniform Trade Secrets Act

The Uniform Trade Secrets Act (U.T.S.A.), published by the Uniform Law Commission (ULC) 1979 and amended in 1985, was a uniform act promulgated in an effort to provide legal framework for improved trade secret protection for industry in all 50 states within the United States of America. The U.T.S.A. aimed to codify and harmonize standards and remedies regarding misappropriation of trade secrets that had emerged in common law on a state to state basis.

As of February 2012, framework of the U.T.S.A. was enacted by 46 states and the District of Columbia, and U.S. Virgin Islands. Massachusetts, New York, North Carolina and Texas had not adopted the U.T.S.A. In 2011, the U.T.S.A. was introduced in the state legislatures of Massachusetts (H.B. 23).

Read more about Uniform Trade Secrets Act:  Motivation, Overview, Adoption By U.S. States, Notable Decisions Involving The Uniform Trade Secrets Act, Uniform Trade Secrets Internationally

Famous quotes containing the words uniform, trade, secrets and/or act:

    An accent mark, perhaps, instead of a whole western accent—a point of punctuation rather than a uniform twang. That is how it should be worn: as a quiet point of character reference, an apt phrase of sartorial allusion—macho, sotto voce.
    Phil Patton (b. 1953)

    The glory of the farmer is that, in the division of labors, it is his part to create. All trade rests at last on his primitive activity.
    Ralph Waldo Emerson (1803–1882)

    Motion or change, and identity or rest, are the first and second secrets of nature: Motion and Rest. The whole code of her laws may be written on the thumbnail, or the signet of a ring.
    Ralph Waldo Emerson (1803–1882)

    If your mother tells you to do a thing, it is wrong to reply that you won’t. It is better and more becoming to intimate that you will do as she bids you, and then afterwards act quietly in the matter according to the dictates of your better judgment.
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)