☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 417

Effective - 28 Aug 1995 bottom

  417.412.  Termination of contract, procedure — service on contract not required, when. — Until payment for invention development services is made, the parties to a contract for invention development services have the option to terminate the contract.  The customer may exercise the option by failing to make payment to the invention developer.  The invention developer may exercise the option to terminate by giving to the customer a written notice of his exercise of the option.  The written notice becomes effective on its receipt by the customer.  Notwithstanding any contractual provision to the contrary, payment for invention development services may not be required, made, or received, before the seventh day after the day on which the customer receives a fully executed copy of the contract.

­­--------

(L. 1995 S.B. 80 & 88)


---- end of effective   28 Aug 1995 ----

use this link to bookmark section  417.412


In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Pictures Contact

Other Links
Oversight MOLIS Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@12:28:26.1 52 :)