Effective - 28 Aug 1995
417.418. Payment for services to be by check — taking other negotiable instrument, effect — contract limitation — execution of note or series of notes prohibited. — 1. In payment for invention development services, the invention developer shall not take from a customer a negotiable instrument other than a check as evidence of the obligation of the customer. Notwithstanding any provision of chapter 400 to the contrary, a holder of a negotiable instrument is not a holder in due course if he takes a negotiable instrument taken from a customer in violation of this section.
2. No contract for invention development services shall require the execution of any note or draft or series of notes or drafts by the customer which, when separately negotiated, will cut off as to third parties any right of action or defense which the customer may have against the invention developer.
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(L. 1995 S.B. 80 & 88)
Structure Missouri Revised Statutes
Title XXVI - Trade and Commerce
Chapter 417 - Trademarks, Names and Private Emblems
Section 417.005 - Definitions.
Section 417.011 - Prohibited marks.
Section 417.018 - Additional fee — expiration date.
Section 417.026 - Term of registration — notice of expiration, when required.
Section 417.031 - Assignment of mark, procedure.
Section 417.036 - Registry of marks open to public.
Section 417.041 - Cancellation of marks, when.
Section 417.051 - Fraudulent filing or registration — civil damages to injured party.
Section 417.056 - Prohibited acts — civil action for damages, when.
Section 417.100 - Facsimile of brands to be recorded.
Section 417.130 - Recorder's certificate, evidence.
Section 417.150 - Misuse of names of certain societies prohibited.
Section 417.160 - Use of emblems regulated.
Section 417.170 - Adoption of name and emblem — registration form, fee.
Section 417.175 - Registration of emblem effective for five years, renewal procedure, fee.
Section 417.180 - Penalty for violation.
Section 417.190 - Penalty for improper use of emblem of automobile club.
Section 417.200 - Fictitious names to be registered.
Section 417.217 - Foreign businesses, registration, when — exemption from, when.
Section 417.220 - Registration fee.
Section 417.230 - Penalty for failure to register.
Section 417.240 - Owner of farm may register name of same.
Section 417.250 - Description of mark, where filed — notice of use.
Section 417.260 - Duties of recorder and secretary of state — fees.
Section 417.270 - Penalty for violation.
Section 417.280 - What constitutes evidence.
Section 417.290 - Acceptance of deposit does not constitute a sale.
Section 417.310 - Receptacles — unlawful use.
Section 417.320 - Receptacles — unlawful possession.
Section 417.330 - Search warrants — prosecution.
Section 417.350 - Terms construed.
Section 417.360 - "Sale" construed.
Section 417.400 - Definitions.
Section 417.406 - Contract for invention development services, form, content.
Section 417.412 - Termination of contract, procedure — service on contract not required, when.
Section 417.430 - Assignee of invention developer subject to all claims and defenses of customer.
Section 417.433 - Report in writing to be delivered quarterly to customer — content.
Section 417.436 - Invention developer law not exclusive subject to applicable laws.
Section 417.450 - Law how cited.
Section 417.453 - Definitions.
Section 417.457 - Damages for misappropriation — punitive damages awarded, when.
Section 417.459 - Court's duty in misappropriation, action to preserve secrecy of trade secret.
Section 417.465 - Purpose of the uniform law.
Section 417.467 - Effect of existing misappropriation prior to August 28, 1995.