Section 5707 – Maintenance of books and records
§ 5707. Maintenance of books and records. An eligible financial institution that conducts a savings promotion program under this chapter shall maintain books and records relating to the conduct of the savings promotion program sufficient to facilitate an audit of the savings promotion program. The financial institution shall keep a record of the names of […]
Section 5706 – Terms and conditions
§ 5706. Terms and conditions. (a) Disclosure.–An eligible financial institution conducting a savings promotion program shall disclose to the public and each participant the terms and conditions of the savings promotion program. The terms and conditions shall be posted in a location where entries may be submitted and shall be included in printed materials or […]
Section 5305 – Attorney fees
§ 5305. Attorney fees. A court may award reasonable attorney fees, expenses and costs to the prevailing party: (1) if a claim of misappropriation is made in bad faith; (2) a motion to terminate an injunction is made or resisted in bad faith; or (3) willful and malicious misappropriation exists.
Section 5306 – Preservation of secrecy
§ 5306. Preservation of secrecy. In any action under this chapter, a court shall preserve the secrecy of an alleged trade secret by reasonable means which may include, but are not limited to, granting protective orders in connection with discovery proceedings, holding in camera hearings, sealing the records of the action and ordering any person […]
Section 5307 – Statute of limitations
§ 5307. Statute of limitations. An action under this chapter for misappropriation must be brought within three years after the misappropriation was discovered or by the exercise of reasonable diligence should have been discovered.
Section 5308 – Effect on other law
§ 5308. Effect on other law. (a) General rule.–Except as provided in subsection (b), this chapter displaces conflicting tort, restitutionary and other law of this Commonwealth providing civil remedies for misappropriation of a trade secret. (b) Exceptions.–This chapter does not affect: (1) contractual remedies, whether or not based upon misappropriation of a trade secret; (2) […]
Section 5501 – Scope of chapter
§ 5501. Scope of chapter. This chapter relates to legitimate cannabis-related businesses.
Section 5502 – Definitions
§ 5502. Definitions. The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise: “Business associate.” A person that is a customer or supplier of goods or services to or for the benefit of a legitimate cannabis-related business or an […]
Section 5503 – Services to legitimate cannabis-related businesses
§ 5503. Services to legitimate cannabis-related businesses. (a) Authorization to provide financial services.–A financial institution authorized to engage in business in this Commonwealth may provide financial services to or for the benefit of a legitimate cannabis-related business and the business associates of a legitimate cannabis-related business subject to: (1) the laws and regulations applicable to […]
Section 5504 – Protections for financial institutions, insurers, legitimate cannabis-related businesses and business associates
§ 5504. Protections for financial institutions, insurers, legitimate cannabis-related businesses and business associates. (a) Actions of government agencies.–No agency or political subdivision of this Commonwealth may: (1) prohibit, penalize or otherwise discourage a financial institution or insurer from providing financial or insurance services to a legitimate cannabis-related business or the business associates of a legitimate […]