XpertHR Employment Law Guide 3319
Summary
- Author(s): Leanne Coffman
This section should be reviewed in conjunction with our in-depth federal coverage of this topic.
Tennessee has adopted the Uniform Trade Secrets Act (UTSA).
The Tennessee Uniform Trade Secrets Act (TUTSA) has an enhanced definition of trade secrets, inclusive of nontechnical or financial data. Therefore, Tennessee offers greater protection of trade secrets than many other states.
However, to ensure protection under the law, an employer must show that reasonable attempts have been made to safeguard trade secrets. Employee contracts, non-disclosure agreements and physical security measures are necessary. Dedicated security protocol should be in place to demonstrate that viable attempts have been made to guard the confidential information.
Tenn. Code Ann. § 47-25-1701 et seq.
Embezzlement is covered under theft laws in Tennessee. Embezzlement is a serious crime in Tennessee, with stiff penalties possible for those convicted of this conduct. ...