☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 417

< > Effective - 28 Aug 1995 bottom

  417.426.  False or fraudulent statements, failure to make required disclosures, civil liability — damages — punitive damages, when — attorney general's duties. — 1.  Any invention developer who violates any provision of sections 417.400 to 417.436, or who makes any false or fraudulent statement, representation, or omission of material fact, or fails to make all the disclosures required by sections 417.400 to 417.436, shall be civilly liable to any person injured thereby in the amount of at least twice the damages sustained by such person together with costs and reasonable attorney's fees.  In addition, if the invention developer is found to have acted with malice, the court in its discretion may award punitive damages.  For purposes of this subsection, the amount of damages sustained by the person shall be presumed to be at least the amount of all moneys paid to the invention developer by such person.

  2.  Failure to make the disclosures required by sections 417.400 to 417.436 renders any contract subsequently entered into between the customer and the invention developer voidable by the customer.

  3.  The attorney general shall enforce the provisions of sections 417.400 to 417.436 and may recover a civil penalty and may seek equitable relief to restrain the violation of sections 417.400 to 417.436.

­­--------

(L. 1995 S.B. 80 & 88 § 417.424 subsecs. 4 to 6)


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

use this link to bookmark section  417.426


Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
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 End Report

Site changes Pictures Contact

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