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Last Modified:  2011-07-31
Alaska Stat. §§ 45.50.910 through 45.50.945 (201 1)
§ 45.50.910. Injunctive relief for misappropriation of trade secrets.
(a) A court may enjoin actual or threatened misappropriation of trade secrets. Upon application to the court, an injunction shall be
terminated when the trade secret has ceased to exist, but the injunction may be continued for an additional reasonable period of time in
order to eliminate commercial advantage that otherwise would be derived from the misappropriation.
(b) If the court determines that it would be unreasonable to prohibit future use of a trade secret, an injunction may condition future use
upon payment of a reasonable royalty for no longer than the period of time the use could have been prohibited.
(c) In appropriate circumstances, af firmative acts to protect a trade secret may be compelled by court order .
§ 45.50.915. Damages.  
(a) In addition to or in lieu of injunctive relief, a complainant may recover damages for the actual loss caused by misappropriation. A
complainant also may recover for the unjust enrichment caused by misappropriation that is not taken into account in computing damages
for actual loss.
(b) If wilful and malicious misappropriation exists, the court may award exemplary damages in an amount not exceeding twice the
damages awarded under (a) of this section.
§ 45.50.920. Preservation of secrecy . 
In an action under AS 45.50.910 -- 45.50.945, a court shall preserve the secrecy of an alleged trade secret by reasonable means, which
may include granting protective orders in connection with discovery proceedings, holding in-camera hearings, sealing the records of the
action, and ordering any person involved in the litigation not to disclose an alleged trade secret without prior court approval.
§ 45.50.925. Limitation of actions.
An action for misappropriation must be brought within three years after the misappropriation is discovered or by the exercise of reasonable
diligence should have been discovered. For the purposes of this section, a continuing misappropriation constitutes a single claim.
§ 45.50.930. Effect on other laws.
(a) AS 45.50.910 -- 45.50.945 displace conflicting tort, restitutionary , and other state laws pertaining to civil liability for misappropriation of a
trade secret.
(b) AS 45.50.910 -- 45.50.945 do not af fect
(1) contractual or other civil liability or relief that is not based upon misappropriation of a trade secret; or
(2) criminal liability for misappropriation of a trade secret.
(c) AS 45.50.910 -- 45.50.945 do not apply to investigations or actions by the attorney general under AS 45.50.471 -- 45.50.561 (unfair
trade practices and consumer protection) or under AS 45.50.562 -- 45.50.596 (restraint of trade).Alaska Uniform Trade Secrets ActAbout Recently Filed Cases Recent Decisions Legislative Developments Statutes Search
§ 45.50.935. Uniformity of application and construction.  
AS 45.50.910 -- 45.50.945 shall be applied and construed to make the law uniform with respect to trade secrets among states enacting
similar provisions.
§ 45.50.940. Definitions.
In AS 45.50.910 -- 45.50.945, unless the context otherwise requires,
(1) "improper means" includes theft, bribery , misrepresentation, breach or inducement of a breach of a duty to maintain secrecy , or
espionage through electronic or other means;
(2) "misappropriation" means
(A) acquisition of a trade secret of another by a person who knows or has reason to know that the trade secret was acquired by improper
means; or
(B) disclosure or use of a trade secret of another without express or implied consent by a person who
(i) used improper means to acquire knowledge of the trade secret; or
(ii) at the time of disclosure or use, knew or had reason to know that knowledge of the trade secret was derived from or through a person
who had utilized improper means to acquire it or who owed a duty to the person seeking relief to maintain its secrecy or limit its use, or was
acquired under circumstances giving rise to a duty to maintain its secrecy or limit its use; or
(iii) before a material change of the person's position, knew or had reason to know that it was a trade secret and that knowledge of it had
been acquired by accident or mistake;
(3) "trade secret" means information that
(A) derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by
proper means by , other persons who can obtain economic value from its disclosure or use; and
(B) is the subject of ef forts that are reasonable under the circumstances to maintain its secrecy .
§ 45.50.945. Short title.
AS 45.50.910 -- 45.50.945 may be cited as the Alaska Uniform T rade Secrets Act.
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