New York Laws
Article 29-D - Notes Given for Patent Rights and for a Speculative Consideration
552 - Notes Given for Patent-Rights.

§ 552. Notes given for patent-rights. A person who takes, sells or
transfers a negotiable promissory note within article three of the
uniform commercial code, knowing the consideration of such note to
consist in whole or in part, of the right to make, use or sell, any
patent invention or inventions, or any invention claimed or represented
to be patented, without having the words "given for a patent-right"
written or printed legibly and prominently on the face of such note
above the signature thereto, is guilty of a misdemeanor.

Structure New York Laws