North Carolina General Statutes 66-157. Statute of limitations
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An action for misappropriation of a trade secret must be commenced within three years after the misappropriation complained of? is or reasonably should have been discovered. (1981, c. 890, s. 1.)
Terms Used In North Carolina General Statutes 66-157
- Misappropriation: means acquisition, disclosure, or use of a trade secret of another without express or implied authority or consent, unless such trade secret was arrived at by independent development, reverse engineering, or was obtained from another person with a right to disclose the trade secret. See North Carolina General Statutes 66-152
- Trade secret: means business or technical information, including but not limited to a formula, pattern, program, device, compilation of information, method, technique, or process that: