§ 701 — Maintenance of records

Illinois § 701

• Jurisdiction: Illinois
• Topic: BUSINESS AND EMPLOYMENT
• Ch. 815: BUSINESS TRANSACTIONS
• Act 815 ILCS 620/: Illinois Fair Invention Development Standards Act.
• Art.: Article VII - Miscellaneous Provisions

Text

Every invention developer shall maintain all records and correspondence relating to performance of each invention development service contract for a period of not less than three years after expiration of the term of each such contract.

Legislative History

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