R652-150-600. Reservation of Economic Interest  


Latest version.
  • 1. The right of a person to engage in an act of bioprospecting is subject to the State's reservation of any right the State may have to an economic benefit derived from:

    (a) the act of bioprospecting;

    (b) a microorganism, plant, or fungus removed from a natural environment in the state; or

    (c) information concerning a microorganism's, plant's, or fungus' physical or genetic properties removed from a natural environment in the state.

    2. A person may not engage in an act of bioprospecting in this state if the person, as part of the registration required under Section 65A-14-201, does not agree in writing to negotiate in good faith with the State if the State asserts an economic interest described in R652-150-600-1.

    3. Registrants shall record GPS coordinates of the sites where samples are gathered and provide those coordinates to the Division and include those coordinates in any publications resulting from the bioprospecting.