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Texas Business & Commerce Code

§ 52.002 — DEFINITIONS

BC § 52.002Title 4. BUSINESS OPPORTUNITIES AND AGREEMENTS · Ch. 52. INVENTION DEVELOPMENT SERVICES · Art. A. GENERAL PROVISIONS

Statute text

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In this chapter:
(1)"Customer" means:
(A)an individual who enters into a contract with an invention developer for invention development services; or
(B)a firm, partnership, corporation, or other entity that enters into a contract with an invention developer for invention development services and is not purchasing those services as an adjunct to the traditional commercial enterprises in which the entity engages as a business.
(2)"Invention" means a discovery, process, machine, design, formulation, product, concept, idea, or any combination of these, regardless of whether patentable.
(3)"Invention developer" means an individual, firm, partnership, or corporation, or an agent, employee, officer, partner, or independent contractor of one of those entities, who:

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Texas Business & Commerce Code § 52.002 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.