Author: Melissa Muro Lamer
Minnesota Governor Tim Waltz signed SF 3035 on Could 24, 2023, banning all non-compete agreements entered into on or immediately after July 1, 2023. Minnesota now joins a developing list of states that spot important restrictions on the use of restrictive covenants in employment. Right here are six essential issues each Minnesota employee enterprise wants to know about the new law:
Employers with Minnesota personnel or independent contractors must take into consideration operating with employment counsel to guarantee that their agreements and processes comply with the new law and that the enterprise is properly positioned to guard its essential relationships and confidential data in light of this important modify in Minnesota law.
Melissa is licensed to practice law in Minnesota and not in California or any other state.
One thought on “Undertaking enterprise in Minnesota? Six issues employers must know about the new non-compete ban”