Source: http://tsi.brooklaw.edu/cases/location/indiana/statute
Timestamp: 2017-07-28 13:03:20
Document Index: 336682135

Matched Legal Cases: ['§ 24', '§ 24', '§ 24', '§ 24', '§ 24', '§ 24', '§ 24', '§ 24', '§ 24']

Indiana Uniform Trade Secrets Act | Trade Secrets Institute
Indiana Uniform Trade Secrets Act View cases from Indiana
Last Modified: 2011-07-31 Burns Ind. Code Ann. §§ 24-2-3-1 through 24-2-3-8 (2011)
§ 24-2-3-1. Title and construction of chapter.
(a) This chapter may be cited as the Uniform Trade Secrets Act.
(b) This chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject matter of this chapter among states enacting the provisions of this chapter.
(c) The chapter displaces all conflicting law of this state pertaining to the misappropriation of trade secrets, except contract law and criminal law.
§ 24-2-3-2. Definitions.
(C) Before a material change of his position, knew or had reason to know that it was a trade secret and that knowledge of it had been acquired by accident or mistake.
"Person" means a natural person, limited liability company, corporation, business trust, estate, trust, partnership, association, joint venture, government, governmental subdivision or agency, or any other legal or commercial entity.
§ 24-2-3-3. Misappropriation -- Injunction.
(b) If the court determines in exceptional circumstances that it would be unreasonable to prohibit future use, an injunction may condition future use upon payment of a reasonable royalty for no longer than the period of time the use could have been prohibited.
§ 24-2-3-4. Misappropriation -- Damages -- Payment of royalties.
(a) In addition to or in lieu of injunctive relief, a complainant may recover damages for the actual loss caused by misappropriation. A complainant also may recover for the unjust enrichment caused by misappropriation that is not taken into account in computing damages for actual loss.
(b) When neither damages nor unjust enrichment are provable, the court may order payment of a reasonable royalty for no longer than the period during which the use could have been prohibited.
(c) If willful and malicious misappropriation exists, the court may award exemplary damages in an amount not exceeding twice any award made under subsection (a).
§ 24-2-3-5. Attorney's fees.
(1) A claim of misappropriation is made in bad faith;
(2) A motion to terminate an injunction is made or resisted in bad faith; or
(3) Willful and malicious misappropriation exists;
the court may award reasonable attorney's fees to the prevailing party.
§ 24-2-3-6. Preservation of trade secret -- Court actions authorized.
In an action under this chapter, a court shall preserve the secrecy of an alleged trade secret by reasonable means, which may include granting protective orders in connection with discovery proceedings, holding in-camera hearings, sealing the records of the action, and ordering any person involved in the litigation not to disclose an alleged trade secret without prior court approval.
§ 24-2-3-7. Statute of limitations.
§ 24-2-3-8. Application to misappropriations beginning before September 1, 1982.
If a continuing misappropriation otherwise covered by this chapter began before September 1, 1982, the chapter does not apply to the part of the misappropriation that [occurred] before that date. It does apply to the part that occurs after August 31, 1982, unless the appropriation was not a misappropriation under the law displaced by this chapter.