BRR’s 50 State Noncompete Survey Updated – Colorado & Texas

The BRR 50 State Noncompete Chart has been updated today (June 26, 2011) to reflect an update to Colorado and Texas laws.

Both changes reflect significant developments in the respective state’s laws regarding the consideration necessary to support a noncompete.

In Colorado, mid-employment noncompetes can now be supported by continued employment. In Texas, a noncompete can now be supported by money. See Texas Overhauls Noncompete Law.

Please note that the most current version of both the 50 State Noncompete Chart and 50 state and federal survey chart of trade secret laws can always be found on my firm’s resources page.