<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>372841</law_id><section_number>59.1-212</section_number><catch_line>Reports to customer required</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="127" identifier="59.1">Trade and Commerce</unit><unit label="chapter" level="2" order_by="36" identifier="18">Regulation of Invention Development Services</unit></structure><text>
						<section><p>With respect to every <span class="dictionary">contract for invention development services</span>, the <span class="dictionary">invention developer</span> shall deliver to the <span class="dictionary">customer</span> at the address specified in the contract at least at quarterly intervals throughout the term of the contract a written report which identifies the contract and which includes:</p></section>
						<section id="1"><p><span class="prefix-number">1.</span> A full, clear and concise description of the services performed to the date of the report and of the services yet to be performed; and <a id="paragraph-1390466" class="section-permalink" href="https://vacode.org/59.1-212/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> A full accounting of the application of the proceeds of the fee referred to in subdivision 6 of &#xA7; <a class="law" title="Mandatory contract terms" href="/59.1-213/">59.1-213</a>&#xA0;to the date of the report; and <a id="paragraph-1390467" class="section-permalink" href="https://vacode.org/59.1-212/#2"><i class="fa fa-link"/></a></p></section>
						<section id="3"><p><span class="prefix-number">3.</span> The name and address of each and every person, firm or corporation to whom the subject matter of the contract has been disclosed, the reason for each and every disclosure, and copies of all responses received as a result of such disclosures. <a id="paragraph-1390468" class="section-permalink" href="https://vacode.org/59.1-212/#3"><i class="fa fa-link"/></a></p></section></text><history>1977, c. 649.</history><metadata></metadata></law>
