No invention developer shall acquire any interest, partial or whole, in the title to the customer's invention or patent rights, unless the invention developer contracts to manufacture the invention and acquires such interest for such purpose at or about the time the contract for manufacture is executed. Nothing in this section shall be construed to prohibit an invention developer from receiving a portion of any proceeds accruing to the customer as a result of performance of invention development services by the invention developer.
1977, c. 649.
Structure Code of Virginia
Title 59.1 - Trade and Commerce
Chapter 18 - Regulation of Invention Development Services
§ 59.1-209. Contracting requirements
§ 59.1-210. Standard provisions for cover notice
§ 59.1-211. Interest in inventions prohibited
§ 59.1-212. Reports to customer required
§ 59.1-213. Mandatory contract terms
§ 59.1-215. Enforcement; civil penalty; restraint of violations