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Code · Illinois · Chapter 815 — BUSINESS TRANSACTIONS · Act 620

Sec. 303. Title to invention.

72 words·~1 min read·/il/chapter-815/act-620/303

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Sec. 303. Title to invention. No invention developer shall acquire any interest, partial or whole, in the title to the customer's invention as part of a contract for invention development services. Nothing in this Section shall be construed to prohibit an invention developer from contracting with a customer to receive a portion of any proceeds accruing to the customer as a result of performance of invention development services by the invention developer.
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