New York Statutes
§ 552 — Notes given for patent-rights
New York·Law GBS General Business·Art. 29-D Notes Given For Patent Rights and For a Speculative Consideration
§ 552. Notes given for patent-rights. A person who takes, sells or\ntransfers a negotiable promissory note within article three of the\nuniform commercial code, knowing the consideration of such note to\nconsist in whole or in part, of the right to make, use or sell, any\npatent invention or inventions, or any invention claimed or represented\nto be patented, without having the words "given for a patent-right"\nwritten or printed legibly and prominently on the face of such note\nabove the signature thereto, is guilty of a misdemeanor.\n
Free access — add to your briefcase to read the full text and ask questions with AI
New York § 552 (Notes given for patent-rights) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.