Indiana Statutes

§ 24-2-3-4 — Damages for misappropriation and unjust enrichment; royalty; exemplary damages

Indiana § 24-2-3-4
JurisdictionIndiana
Art. 2TRADEMARKS, TRADE NAMES, AND TRADE
Ch. 3Trade Secrets

This text of Indiana § 24-2-3-4 (Damages for misappropriation and unjust enrichment; royalty; exemplary damages) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 24-2-3-4 (2026).

Text

(a)In addition to or in lieu of injunctive relief, a complainant may recover damages for the actual loss caused by misappropriation. A complainant also may recover for the unjust enrichment caused by misappropriation that is not taken into account in computing damages for actual loss.
(b)When neither damages nor unjust enrichment are provable, the court may order payment of a reasonable royalty for no longer than the period during which the use could have been prohibited.
(c)If willful and malicious misappropriation exists, the court may award exemplary damages in an amount not exceeding twice any award made under subsection (a). As added by Acts 1982, P.L.148, SEC.1. Amended by P.L.50-1984, SEC.4.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Infinity Products, Inc. v. Quandt
810 N.E.2d 1028 (Indiana Supreme Court, 2004)
54 case citations
Micro Data Base Systems, Inc., Cross-Appellee v. Dharma Systems, Inc.
148 F.3d 649 (Seventh Circuit, 1998)
44 case citations
Weston v. Buckley
677 N.E.2d 1089 (Indiana Court of Appeals, 1997)
13 case citations
Micro Data Base Systems, Inc. v. Nellcor Puritan-Bennett, Inc.
20 F. Supp. 2d 1258 (N.D. Indiana, 1998)
1 case citations

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Indiana § 24-2-3-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-2-3-4.