| Last Action | floor amendment (1) filed |
|---|---|
| Title | AN ACT relating to successor corporation asbestos-related liabilities. |
| Bill Documents |
Current/Final
Introduced |
| Bill Request Number | 1096 |
| Sponsor | D. St. Onge |
| Summary of Original Version | Create new sections of KRS Chapter 411 to define terms, apply limitations to successor corporations' liability, except in certain enumerated situations; stipulate when the fair market value of a successor corporation's total gross assets are determined; stipulate how a successor corporation may establish fair market value; stipulate how the prime rate is to be calculated. |
| Index Headings of Original Version |
Civil Actions - Successor corporations, asbestos-related liability, limitation Claims - Successor corporations, asbestos-related liability, limitation Corporations - Successor corporations, asbestos-related liability, limitation Short Titles and Popular Names - Successor Corporation Asbestos-Related Liability Fairness Act |
| Proposed Amendments | House Floor Amendment 1 |
| 02/14/17 |
|
|---|---|
| 02/15/17 |
|
| 02/21/17 |
|
| 02/22/17 |
|
| 02/23/17 |
|
| 02/24/17 |
|
| 02/27/17 |
|
| Amendment | House Floor Amendment 1 |
|---|---|
| Sponsor | J. Nemes |
| Summary | Add companies that knew or should have known of asbestos related activities at the time of sale or transfer to the list of non-exempt companies. |
| Index Headings |
Civil Actions - Successor corporations, asbestos-related liability, limitation Claims - Successor corporations, asbestos-related liability, limitation Corporations - Successor corporations, asbestos-related liability, limitation Short Titles and Popular Names - Successor Corporation Asbestos-Related Liability Fairness Act |
Last updated: 1/16/2019 3:02 PM (EST)