50-1307. Application of act. (a) The courts of this state shall construe the provisions of the successor corporation asbestos-related liability fairness act liberally with regard to successors.
(b) The successor corporation asbestos-related liability fairness act shall apply to all asbestos claims filed against a successor on or after July 1, 2014. The successor corporation asbestos-related liability fairness act shall also apply to any pending asbestos claims against a successor in which trial has not commenced as of July 1, 2014, except that any provisions of these sections that would be unconstitutional if applied retroactively shall be applied prospectively.
History: L. 2014, ch. 45, ยง 7; July 1.
Structure Kansas Statutes
Chapter 50 - Unfair Trade And Consumer Protection
Article 13 - Successor Corporation Asbestos-related Liability Fairness Act
50-1303 Application to successor corporations; exceptions.
50-1304 Limitation on liability.
50-1305 Methods of establishing fair market value.
50-1306 Adjustment of the fair market value of total gross assets.