HB 168: "An Act requiring the amount of the security given by a party seeking an injunction or order vacating or staying the operation of a permit affecting an industrial operation to include an amount for the payment of wages and benefits for employees and payments to contractors and subcontractors that may be lost if the industrial operation is wrongfully enjoined."
00 HOUSE BILL NO. 168 01 "An Act requiring the amount of the security given by a party seeking an injunction or 02 order vacating or staying the operation of a permit affecting an industrial operation to 03 include an amount for the payment of wages and benefits for employees and payments 04 to contractors and subcontractors that may be lost if the industrial operation is 05 wrongfully enjoined." 06 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 07 * Section 1. AS 09.40.230 is amended by adding new subsections to read: 08 (b) A party seeking a restraining order, preliminary injunction, or order 09 vacating or staying the operation of a permit that affects an industrial operation shall 10 give security in an amount determined by the court for costs that may be incurred and 11 damages that may be suffered by an industrial operation that has been wrongfully 12 enjoined or restrained, including an amount for the payment of wages and benefits for 13 employees and payment to contractors and subcontractors of the industrial operation.
01 In this subsection, "industrial operation" includes a construction, energy, or timber 02 activity and oil, gas, and mineral exploration, development, and production. 03 (c) The existence of security under (b) of this section does not 04 (1) prohibit a person who is wrongly enjoined or restrained from 05 obtaining relief that may be available to that person; or 06 (2) limit the amount that a party may recover in the action.