§ 503 — Unenforceability of contract for fraud

Illinois § 503

• Jurisdiction: Illinois
• Topic: BUSINESS AND EMPLOYMENT
• Ch. 815: BUSINESS TRANSACTIONS
• Act 815 ILCS 620/: Illinois Fair Invention Development Standards Act.
• Art.: Article V - Remedies And Enforcement

Text

Any contract for invention development services entered into in reliance upon any false, fraudulent, deceptive or misleading opinion, statement or other representation by the invention developer shall be void and unenforceable.

Legislative History

(Source: P.A. 81-542.)