Illinois Statutes
§ 303 — Title to invention
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 815 BUSINESS TRANSACTIONS·Act 815 ILCS 620/ Illinois Fair Invention Development Standards Act.·Art. Article III - General Regulatory Provisions
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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Legislative History
(Source: P.A. 81-542.)