Sec. 4. As used in this chapter, "successor asbestos related liability" means any liability that is related to an asbestos claim that was assumed or incurred by a corporation as a result of:
(1) a merger or consolidation with another corporation;
(2) the plan of merger or consolidation related to the merger or consolidation; or
(3) the exercise of control or the ownership of stock of the corporation before the merger or consolidation.
As added by P.L.134-2009, SEC.6.
Structure Indiana Code
Title 34. Civil Law and Procedure
Chapter 8. Limited Liability Concerning Asbestos Related Claims
34-31-8-3. "Innocent Successor Corporation"
34-31-8-4. "Successor Asbestos Related Liability"
34-31-8-5. "Transferor Corporation"
34-31-8-6. Liberal Construction of Chapter
34-31-8-7. Chapter Application
34-31-8-8. Limited Cumulative Successor Asbestos Related Liabilities
34-31-8-9. Limitations Application
34-31-8-10. Establishment of Fair Market Value of Total Gross Assets of Transferor Corporation
34-31-8-11. Liability Insurance
34-31-8-12. Adjustment of Fair Market Value of the Total Gross Assets of a Transferor Corporation