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§ 1297.176 (a) The arbitral tribunal may require the party requesting an interim measure to provide appropriate security in connection with the measure.

Part 3: Of Special Proceedings of a Civil Nature | Title 9.3: Arbitration and Conciliation of International Commercial Disputes | Chapter 4: Jurisdiction of Arbitral Tribunals | Article 2: Interim Measures Ordered by Arbitral Tribunals

(a)  The arbitral tribunal may require the party requesting an interim measure to provide appropriate security in connection with the measure.

(b)  The arbitral tribunal shall require the party applying for a preliminary order to provide security in connection with the order unless the arbitral tribunal considers it inappropriate or unnecessary to do so.

Amendment history: Added by Stats. 2024, Ch. 90, Sec. 14. (AB 1903) Effective January 1, 2025.