2006 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 325A Invention Services
Section 325A.05 DISCLOSURES MADE PRIOR TO CONTRACT.

325A.05 DISCLOSURES MADE PRIOR TO CONTRACT.
Subdivision 1. Requirement. In either the first written communication from the invention
developer to a specific customer or at the first personal meeting between the invention developer
and a customer, the invention developer shall make a written disclosure to the customer of the
information required in this section.
Subd. 2. Median fee. The disclosure shall state the median fee charged to all of the invention
developers' customers who have signed contracts with the developer in the preceding six months,
excluding customers who have signed in the preceding 30 days.
Subd. 3. Other customers. The disclosure shall include a single statement setting forth
(1) the total number of customers who have contracted with the invention developer, except
that the number need not reflect those customers who have contracted within the preceding 30
days, and (2) the number of customers who have received by virtue of the invention developer's
performance of invention development services an amount of money in excess of the amount of
money paid by those customers to the invention developer pursuant to a contract for invention
development services.
Subd. 4. Intellectual property statement. The disclosure shall contain the following
statement:
"An invention developer who is also a lawyer may give you legal advice concerning patent,
copyright, or trademark law or to advise you of whether your idea or invention may be patentable
or may be protected under the patent, copyright, or trademark laws of the United States or any
other law. An invention developer who is not a lawyer may not give you legal advice on these
subjects.
No patent, copyright or trademark protection will be acquired for you by the invention
developer. Your failure to inquire into the law governing patent, copyright or trademark matters
may jeopardize your rights in your idea or invention, both in the United States and in foreign
countries. Your failure to identify and investigate existing patents, trademarks or registered
copyrights may place you in jeopardy of infringing the copyrights, patent or trademark rights of
other persons if you proceed to make, use, distribute or sell your idea or invention."
History: 1977 c 288 s 5; 1986 c 444