(1) (a) Any person who provides to a public institution of higher education a record that the person believes should be protected under a provision listed in Subsection 63G-2-309(1)(b)(i), restricted under Section 53B-16-302, or both protected under a provision listed in Subsection 63G-2-309(1)(b)(i) and restricted under Section 53B-16-302, shall provide the public institution of higher education: (i) a written claim of business confidentiality; and (ii) a concise statement of reasons supporting the claim of business confidentiality. (b) The person described in Subsection (1)(a) shall make the filing at the commencement of: (i) the sponsored research project; or (ii) the technology transfer process. (c) A claim of business confidentiality submitted under this Subsection (1) shall cover all protected and restricted records exchanged during the: (i) sponsored research project; or (ii) technology transfer process.

(a) Any person who provides to a public institution of higher education a record that the person believes should be protected under a provision listed in Subsection 63G-2-309(1)(b)(i), restricted under Section 53B-16-302, or both protected under a provision listed in Subsection 63G-2-309(1)(b)(i) and restricted under Section 53B-16-302, shall provide the public institution of higher education: (i) a written claim of business confidentiality; and (ii) a concise statement of reasons supporting the claim of business confidentiality.

(i) a written claim of business confidentiality; and

(ii) a concise statement of reasons supporting the claim of business confidentiality.

(b) The person described in Subsection (1)(a) shall make the filing at the commencement of: (i) the sponsored research project; or (ii) the technology transfer process.

(i) the sponsored research project; or

(ii) the technology transfer process.

(c) A claim of business confidentiality submitted under this Subsection (1) shall cover all protected and restricted records exchanged during the: (i) sponsored research project; or (ii) technology transfer process.

(i) sponsored research project; or

(ii) technology transfer process.

(2) The inadvertent failure to make a legally adequate claim of business confidentiality at the time required by Subsection (1) does not prejudice the claimant's right to make a legally adequate claim at a different time before disclosure of the record.