Section 8-27-1 – Short Title.
Section 8-27-1 Short title. This chapter may be cited as the “Alabama Trade Secrets Act.” (Acts 1987, No. 87-669, p. 1195, §6.)
Section 8-27-2 – Definitions.
Section 8-27-2 Definitions. As used in this chapter, the following terms shall have the following meanings, respectively, unless the context clearly indicates otherwise: (1) TRADE SECRET. A “trade secret” is information that: a. Is used or intended for use in a trade or business; b. Is included or embodied in a formula, pattern, compilation, computer […]
Section 8-27-3 – Misappropriation.
Section 8-27-3 Misappropriation. A person who discloses or uses the trade secret of another, without a privilege to do so, is liable to the other for misappropriation of the trade secret if: (1) That person discovered the trade secret by improper means; (2) That person’s disclosure or use constitutes a breach of confidence reposed in […]
Section 8-27-4 – Remedies for Actual or Threatened Misappropriation; Intentional Remuneration of a Third Party for Misappropriation.
Section 8-27-4 Remedies for actual or threatened misappropriation; intentional remuneration of a third party for misappropriation. (a) The remedies available for actual or threatened misappropriation of a trade secret are: (1) To the extent that they are not duplicative: a. Such injunctive and other equitable relief as may be appropriate with respect to any actual […]
Section 8-27-5 – Statute of Limitation.
Section 8-27-5 Statute of limitation. An action for misappropriation must be brought within two years after the misappropriation is discovered or by the exercise of reasonable diligence should have been discovered. (Acts 1987, No. 87-669, p. 1195, §4.)
Section 8-27-6 – Effect on Other Law.
Section 8-27-6 Effect on other law. Those provisions of this chapter that are inconsistent with the common law of trade secrets supersede the common law; otherwise, this chapter should be construed to be consistent with the common law of trade secrets. (Acts 1987, No. 87-669, p. 1195, §5.)