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ID S1287

Bill

Status

Passed

3/28/2018

Primary Sponsor

Commerce and Human Resources Committee

Click for details

Origin

Senate

2018 Regular Session

AI Summary

  • Changes the applicability language in Section 44-2702 from "this section" to "this chapter" for definitions of key employees and legitimate business interests.

  • Removes the rebuttable presumption in Section 44-2704(2) that an agreement or covenant with a postemployment restriction of 18 months or less is reasonable as to duration.

  • Retains rebuttable presumptions for geographic area, type of employment or line of business, employee compensation status, and irreparable harm in cases of breach.

  • Maintains the 18-month maximum postemployment restriction on direct competition unless additional consideration beyond employment is provided to key employees or independent contractors.

Legislative Description

Amends existing law to provide applicability and to remove a provision regarding rebuttable presumptions.

COVENANTS NOT TO COMPETE

Last Action

Session Law Chapter 349 Effective: 07/01/2018

3/28/2018

Committee Referrals

Business3/6/2018
Commerce and Human Resources2/12/2018
Judiciary and Rules2/9/2018

Full Bill Text

No bill text available