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Committee recommends passage of bill clarifying enforceability of certain restrictive covenants
2344572 · February 17, 2025
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Summary
Senate Bill 241, which adds specific provisions to the Restraint of Trade Act to find certain covenants in contracts are not restraints of trade and provides interpretive guidance, was recommended favorably by the committee.
Senate Bill 241, which would add enumerated circumstances under the Restraint of Trade Act finding that certain contractual covenants are not a restraint of trade and providing interpretive guidance for courts, was presented…
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