Minnesota’s Non-Compete Agreement Ban Takes Effect July 1, 2023
Minnesota employers should prepare to rethink their non-compete agreements and begin to update existing employment agreements. Governor Tim Walz signed into law a comprehensive Jobs, Labor & Employment Bill (S.F. 3035). The bill includes a provision which bans the practice of restricting competitive activity by former employees through non-compete agreements. The ban takes effect on July 1, 2023, and applies to non-compete agreements entered on or after that date.
