Colorado § 7-74-102 Definitions

Colorado Statutes

§ 7-74-102 — Definitions

Colorado·Title 07 Corporations·Art. Uniform Trade Secrets Act

As used in this article, unless the context otherwise requires:

(1)Improper means includes theft, bribery, misrepresentation, breach or inducement of a breach of a duty to maintain secrecy, or espionage through electronic or other means.

(2)Misappropriation means:

(a)Acquisition of a trade secret of another by a person who knows or has reason to know that the trade secret was acquired by improper means; or

(b)Disclosure or use of a trade secret of another without express or implied consent by a person who:

(I)Used improper means to acquire knowledge of the trade secret; or

(II)At the time of disclosure or use, knew or had reason to know that such person's knowledge of the trade secret was:

(A)Derived from or through a person who had utilized improper means to acquire i

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As used in this article, unless the context otherwise
requires:

(1) Improper means includes theft, bribery, misrepresentation, breach or
inducement of a breach of a duty to maintain secrecy, or espionage through
electronic or other means.

(2) Misappropriation means:

(a) Acquisition of a trade secret of another by a person who knows or has
reason to know that the trade secret was acquired by improper means; or

(b) Disclosure or use of a trade secret of another without express or implied
consent by a person who:

(I) Used improper means to acquire knowledge of the trade secret; or

(II) At the time of disclosure or use, knew or had reason to know that such
person's knowledge of the trade secret was:

(A) Derived from or through a person who had utilized improper means to
acquire it;

(B) Acquired under circumstances giving rise to a duty to maintain its
secrecy or limit its use; or

(C) Derived from or through a person who owed a duty to the person seeking
relief to maintain its secrecy or limit its use; or

(III) Before a material change of such person's 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.

(3) Repealed.

(4) Trade secret means the whole or any portion or phase of any scientific
or technical information, design, process, procedure, formula, improvement,
confidential business or financial information, listing of names, addresses, or
telephone numbers, or other information relating to any business or profession
which is secret and of value. To be a trade secret the owner thereof must have
taken measures to prevent the secret from becoming available to persons other
than those selected by the owner to have access thereto for limited purposes.

Colorado § 7-74-102 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 86: Entire article added, p. 460, � 1, effective July 1. L. 2003: (3)(b) added by revision, pp. 2356, 2357, �� 347, 348. L. 2004: IP(2)(b)(II) and (2)(b)(III) amended, p. 1459, � 180, effective July 1.