(415 ILCS 5/3.490) (was 415 ILCS 5/3.48)
Sec. 3.490.
Trade secret.
"Trade secret" means the whole or
any portion or phase of any scientific or technical information, design,
process (including a manufacturing process), procedure, formula or improvement,
or business plan which is secret in that it has not been published or
disseminated or otherwise become a matter of general public knowledge, and
which has competitive value. A trade secret is presumed to be secret when the
owner thereof takes reasonable measures to prevent it from becoming available
to persons other than those selected by the owner to have access thereto for
limited purposes.
(Source: P.A. 92-574, eff. 6-26-02.)
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