Utah § 65A-14-202 Reservation of economic interests -- Agreement to negotiate in good faith.

Utah Statutes

§ 65A-14-202 — Reservation of economic interests -- Agreement to negotiate in good faith.

Utah·Title 65A Forestry, Fire, and State Lands·Ch. 65A-14 Utah Bioprospecting Act·Part 65A-14-2 Registration for Bioprospecting

(1)The right of a person to engage in an act of bioprospecting in this state is subject to the state's reservation of any right the state may have to an economic benefit derived from:

(1)(a) the act of bioprospecting;

(1)(b) a microorganism, plant, or fungus removed from a natural environment in the state; or

(1)(c) information concerning a microorganism's, plant's, or fungus' physical or genetic properties removed from a natural environment in the state.

(2)A person may not engage in an act of bioprospecting in this state if the person, as part of the registration required under Section 65A-14-201, does not agree in writing to negotiate in good faith with the state if the state asserts an economic interest described in Subsection (1).

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(1) The right of a person to engage in an act of bioprospecting in this state is subject to the state's reservation of any right the state may have to an economic benefit derived from:

(1)(a) the act of bioprospecting;
(1)(b) a microorganism, plant, or fungus removed from a natural environment in the state; or
(1)(c) information concerning a microorganism's, plant's, or fungus' physical or genetic properties removed from a natural environment in the state.
(2) A person may not engage in an act of bioprospecting in this state if the person, as part of the registration required under Section 65A-14-201, does not agree in writing to negotiate in good faith with the state if the state asserts an economic interest described in Subsection (1).

Utah § 65A-14-202 (Reservation of economic interests -- Agreement to negotiate in good faith.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.