Updated on August 31st, 2022
A Utah non-disclosure agreement enables an individual or company to protect information that needs to be shared in a business relationship. The document, also known as an “NDA,” is often prepared by an employer hiring an employee to ensure that trade secrets (confidential, proprietary information) they will be given access to will not be leaked outside the company. NDAs can function unilaterally, meaning neither party can disclose the other’s information, or mutually, allowing each party to take legal action against the other in the event a breach of contract is discovered (referred to as a “misappropriation”).
- Statutes: §§ 13-24-1 – 13-24-9
- Definitions: § 13-24-2
- Statute of Limitation (§ 13-24-7): Plaintiffs must bring an action to court no later than three (3) years after the misappropriation.