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Current as of January 01, 2024 | Updated by FindLaw Staff
When the plaintiff in an action resides out of the state or is a foreign corporation, security for the costs and attorney fees, which may be awarded against the plaintiff, may be required by the defendant, if timely demand is made within 30 days after the defendant discovers that the plaintiff is a nonresident. When required, all proceedings in the action shall be stayed until an undertaking executed by one or more sufficient sureties is filed with the court to the effect that they will pay the costs and attorney fees which are awarded against the plaintiff, for not less than $200. A new or an additional undertaking may be ordered by the court upon proof that the original undertaking is insufficient in amount or security.
Cite this article: FindLaw.com - Alaska Statutes Title 9. Code of Civil Procedure § 09.60.060. Security for costs where plaintiff a nonresident or foreign corporation - last updated January 01, 2024 | https://codes.findlaw.com/ak/title-9-code-of-civil-procedure/ak-st-sect-09-60-060.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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