202.3 Production contracts — confidentiality prohibited.
153 words·~1 min read·
/ia/chapter-202-commodity-production-contracts/202-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. A contractor shall not on or after May 24, 1999, enforce a provision in a production contract if the provision provides that information contained in the production contract is confidential.
2. A provision which is part of a production contract is void if the provision states that information contained in the production contract is confidential. The confidentiality provision is void whether the confidentiality provision is express or implied; oral or written; required or conditional; contained in the production contract, another production contract, or in a related document, policy, or agreement. This section does not affect other provisions of a production contract or a related document, policy, or agreement which can be given effect without the voided provision.
This section does not require a party to a production contract to divulge the information in the production contract to another person.
99 Acts, ch 169, §4, 22 – 24
Referred to in §202.5, 714.8