NORTH CAROLINA GENERAL ASSEMBLY

1967 SESSION

 

 

CHAPTER 1175

SENATE BILL 717

 

 

AN ACT MAKING THE LARCENY OF SECRET TECHNICAL PROCESSES A CRIME.

 

The General Assembly of North Carolina do enact:

 

Section 1.  A new Section G.S. 14-75.1 is added following G.S. 14-75 to read as follows:

"G.S. 14-75.1.  Larceny of Secret Technical Processes. Any person who steals property consisting of a sample, culture, micro-organism, specimen, record, recording, document, drawing, or any other article, material, device, or substance which constitutes, represents, evidences, reflects, or records a secret scientific or technical process, invention, formula, or any phase or part thereof shall be guilty of a felony punishable by imprisonment not exceeding four years or by a fine not exceeding five thousand dollars ($5,000.00), or by both. A process, invention, or formula is "secret" when it is not, and is not intended to be, available to anyone other than the owner thereof or selected persons having access thereto for limited purposes with his consent, and when it accords or may accord the owner an advantage over competitors or other persons who do not have knowledge or the benefit thereof."

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be effective on ratification.

In the General Assembly read three times and ratified, this the 6th day of July, 1967.