A Kentucky non-disclosure agreement allows confidential information to be shared between individuals while preventing dissemination to outside parties. Marketing plans, procedures, patents, prototypes, experiments, and company assets are just some examples of information that a non-disclosure agreement (“NDA”) can protect. The document is legally binding, and a party who breaches the contract can face legal consequences.
- Statutes: §§ 365.880 – 365.900
- Definitions: § 365.880
- Statute of Limitation (§ 365.890): Three (3) Years