50-666. Invention promotion services; definitions.
50-666
50-666. Invention promotion services; definitions.As used in this act:
(a) "Contract for invention promotion services" means a contract bywhich an invention promoter undertakes to develop or promote an inventionfor a consumer.
(b) "Invention" means a process, machine, manufacture, composition ofmatter, or an improvement upon any of the foregoing.
(c) "Fee" means any payment made by a consumer to an inventionpromoter, including reimbursements for expenditures made or costsincurred.
(d) "Invention promoter" means any person, and the agents, employees orrepresentatives of the person, who develops or promotes or offers todevelop or promote an inventionfor a consumer. The following are not invention promoters for purposes of this act:
(1) A person licensed to practice before the United States patent andtrademark office as a patent attorney;
(2) a department or agency of federal, state or local government; or
(3) a person who accepts technology from institutions of highereducation or other state or federal research institutions for evaluationand the providing of marketing services.
(e) "Invention promotion services" means acts to be performed orpromised to be performed, or both, by an invention promoter.
(f) "Person" means an individual, partnership, corporation or otherlegal entity. Such term does not include a department or agency of any governmental unit.
History: L. 1990, ch. 181, § 1; April 19.