Wednesday, January 11, 2012, 1/11/2012 03:00:00 PM

New Jersey Joins 46 Other States and D.C. - Adopts UTSA

By Todd
PolitickerNJ is reporting that New Jersey's Governor Chris Christie has signed into law NJ's version of the Uniform Trade Secrets Act ("UTSA"). The bill was sponsored by State Senator Nicholas P. Scuteri (D - Union).

“The success of so many companies in this state depends largely on their ability to keep information about their internal processes secure,” added Senator Scutari. “This law will go a long way toward protecting these businesses, and will place New Jersey on par with 46 other states and the District of Columbia in helping companies to guard their trade secrets.”

The New Jersey Senate approved the bill 39-0; the New Jersey Assembly approved the measure 79-0. The law takes effect immediately, except it does not apply to misappropriation that occurred prior to the effective date or to a continuing misappropriation that began prior to the effective date of the law and continued after the effective date of the law.

Welcome to the civilized trade secret protected world, New Jersey! Bravo.


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