New Jersey § 56:15-4
Full text of New Jersey New Jersey Statutes § 56:15-4, with citation guidance and answers to common questions.
§ 56:15-4.
a. Except to the extent that circumstances, including a material and prejudicial change
of position prior to acquiring knowledge or reason to know of misappropriation renders
a monetary recovery inequitable, a complainant is entitled to recover damages for
misappropriation. Damages can include both the actual loss caused by misappropriation and the unjust
enrichment caused by misappropriation that is not taken into account in computing
actual loss. In lieu of damages measured by any other methods, the damages caused by misappropriation
may be measured by imposition of liability for a reasonable royalty for a misappropriator's
unauthorized disclosure or use of a trade secret. b. If willful and malicious misappropriation exists, the court may award punitive
damages in an amount not exceeding twice any award made under subsection a. of this
section.
Frequently Asked Questions About New Jersey § 56:15-4
What does New Jersey Statutes § 56:15-4 cover?
Section 56:15-4 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 56:15-4?
A common citation format is "New Jersey Statutes § 56:15-4" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 56:15-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.