Ark. Code Ann. § 15-4-1402
This is the official text of Ark. Code Ann. § 15-4-1402, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Definitions
Official statutory text
As used in this subchapter: (1) "Center" means the Center for Prototype Development and Emerging Technologies to be developed and operated by the University of Arkansas at Little Rock; (2) "Commercial state" means the point at which a product has been developed beyond the theoretical and prototype stage and is capable of being manufactured or practiced commercially; (3) "Gross sales revenues" means all revenues or anything of value received by any person from the sale of a proprietary product; (4) "Intellectual property" means patents, copyrights, or trademarks acquired pursuant to federal or state law or applications for patent or for copyright or trademark registration; (5) "Inventor" means any person who conceives a new concept which may result in a proprietary product; (6) "Person" means any individual, sole proprietor, partnership, or corporation; (7) "Product" means any device, technique, process, item of manufacture, composition of matter, or work of authorship; (8) "Product development plan" means a plan prepared by the center for developing a product to the commercial state; (9) "Proposal" means a plan provided by the inventor which includes technical and descriptive information on a product; (10) "Proprietary product" means a product patented, copyrighted, or trademarked pursuant to federal or state law or for which an application for patent or for copyright or trademark registration is pending; and (11) "Royalties" means all things of value received by an inventor in connection with the licensing of a proprietary product or the assignment, sale, or licensing of intellectual property. Acts 1991, No. 707, § 2.
As used in this subchapter:
(1) "Center" means the Center for Prototype Development and Emerging Technologies to be developed and operated by the University of Arkansas at Little Rock;
(2) "Commercial state" means the point at which a product has been developed beyond the theoretical and prototype stage and is capable of being manufactured or practiced commercially;
(3) "Gross sales revenues" means all revenues or anything of value received by any person from the sale of a proprietary product;
(4) "Intellectual property" means patents, copyrights, or trademarks acquired pursuant to federal or state law or applications for patent or for copyright or trademark registration;
(5) "Inventor" means any person who conceives a new concept which may result in a proprietary product;
(6) "Person" means any individual, sole proprietor, partnership, or corporation;
(7) "Product" means any device, technique, process, item of manufacture, composition of matter, or work of authorship;
(8) "Product development plan" means a plan prepared by the center for developing a product to the commercial state;
(9) "Proposal" means a plan provided by the inventor which includes technical and descriptive information on a product;
(10) "Proprietary product" means a product patented, copyrighted, or trademarked pursuant to federal or state law or for which an application for patent or for copyright or trademark registration is pending; and
(11) "Royalties" means all things of value received by an inventor in connection with the licensing of a proprietary product or the assignment, sale, or licensing of intellectual property.
Acts 1991, No. 707, § 2.
As used in this subchapter:
(1) "Center" means the Center for Prototype Development and Emerging Technologies to be developed and operated by the University of Arkansas at Little Rock;
(2) "Commercial state" means the point at which a product has been developed beyond the theoretical and prototype stage and is capable of being manufactured or practiced commercially;
(3) "Gross sales revenues" means all revenues or anything of value received by any person from the sale of a proprietary product;
(4) "Intellectual property" means patents, copyrights, or trademarks acquired pursuant to federal or state law or applications for patent or for copyright or trademark registration;
(5) "Inventor" means any person who conceives a new concept which may result in a proprietary product;
(6) "Person" means any individual, sole proprietor, partnership, or corporation;
(7) "Product" means any device, technique, process, item of manufacture, composition of matter, or work of authorship;
(8) "Product development plan" means a plan prepared by the center for developing a product to the commercial state;
(9) "Proposal" means a plan provided by the inventor which includes technical and descriptive information on a product;
(10) "Proprietary product" means a product patented, copyrighted, or trademarked pursuant to federal or state law or for which an application for patent or for copyright or trademark registration is pending; and
(11) "Royalties" means all things of value received by an inventor in connection with the licensing of a proprietary product or the assignment, sale, or licensing of intellectual property.
Acts 1991, No. 707, § 2.
Status: in_force
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