§ 552. Notes given for patent-rights. A person who takes, sells or\ntransfers a negotiable promissory note within article three of the\nuniform commercial code, knowing the consideration of such note to\nconsist in whole or in part, of the right to make, use or sell, any\npatent invention or inventions, or any invention claimed or represented\nto be patented, without having the words "given for a patent-right"\nwritten or printed legibly and prominently on the face of such note\nabove the signature thereto, is guilty of a misdemeanor.\n
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.