c. 266, § 60A
Stolen trade secrets; buying or selling
Official text prohibited actmental stateif conditionpenaltylegal term
Whoever buys, receives, conceals, stores, barters, sells or disposes of any trade secret, or pledges or accepts as security for a loan any trade secret, regardless of value, knowing the same to have been stolen, unlawfully converted, or taken, shall be punished by imprisonment for not more than five years or by a fine of not more than five hundred dollars and imprisonment in jail for not more than two years. The term “trade secret” as used in this section shall have the same meaning as is set forth in section thirty.
Simplified explanation
Buying, receiving, concealing, selling or pledging a trade secret known to be stolen, unlawfully converted or taken is punishable by up to 5 years in prison.