A BILL TO BE ENTITLED AN ACT TO PREVENT THE ABUSIVE USE OF PATENTS.
House committee substitute makes the following changes to the 1st edition:
Makes a technical change.
Includes a provision providing that nothing in this act is intended to alter current law regarding piercing the corporate veil.
Amends the definition section for Article 8, adding the term affiliate to the definitions list. Makes organizational changes.
Expands section providing that this new Article does not apply to specified types of demand letters or assertions.
Amends bond provisions, providing that persons that fail to prove a patent infringement and that fail to pay all or part of any fee or cost ordered by the court within 30 days will have the owed amount paid out of the bond. Makes technical changes.
Deletes previous changes to GS 14-118.4, Extortion.
Makes conforming changes.
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