1-1-134. Limitations on successor asbestos-related liabilities.
(a) Except as further limited in subsection (b) of this section, the cumulative successor asbestos-related liabilities of a successor corporation are limited to the fair market value of the total gross assets of the transferor determined as of the time of the merger or consolidation. The successor corporation shall not have responsibility for successor asbestos-related liabilities in excess of this limitation.
(b) If the transferor had assumed or incurred successor asbestos-related liabilities in connection with a prior merger or consolidation with a prior transferor, then the fair market value of the total assets of the prior transferor determined as of the time of the earlier merger or consolidation shall be substituted for the limitation set forth in subsection (a) of this section for purposes of determining the limitation of liability of a successor corporation.
Structure Wyoming Statutes
Title 1 - Code of Civil Procedure
Chapter 1 - General Provisions as to Civil Actions
Section 1-1-101 - Provisions to Be Liberally Construed.
Section 1-1-102 - Minors as Parties to Actions.
Section 1-1-103 - Power of Deputies.
Section 1-1-104 - Sureties; Justification.
Section 1-1-105 - Sureties; Qualifications.
Section 1-1-106 - Compensation of Cross Demands.
Section 1-1-107 - Furnishing of Transcripts.
Section 1-1-108 - Voluntary Partial Payment of Liability Claims.
Section 1-1-109 - Comparative Fault.
Section 1-1-114 - Pleading of Damages.
Section 1-1-115 - Civil Liability for Unpaid Checks.
Section 1-1-116 - Civil Liability for Theft of Services.
Section 1-1-117 - Affidavits of Noninvolvement.
Section 1-1-118 - Amateur Rodeos; Liability for Injuries; Consent to Participate.
Section 1-1-119 - Release or Covenant Not to Sue.
Section 1-1-120 - Persons Rendering Emergency Assistance Exempt From Civil Liability.
Section 1-1-121 - Recreation Safety Act; Short Title.
Section 1-1-122 - Definitions.
Section 1-1-123 - Assumption of Risk.
Section 1-1-123.1 - Ski Safety Act; Short Title.
Section 1-1-123.2 - Definitions.
Section 1-1-123.4 - Assumption of Risks; Limitations on Actions.
Section 1-1-123.5 - Negligence; Civil Actions.
Section 1-1-124 - Pretrial Screening.
Section 1-1-125 - Immunity for Volunteers; Volunteer Firefighters; Search and Rescue.
Section 1-1-126 - Civil Liability for Stalking.
Section 1-1-127 - Civil Liability for Shoplifting.
Section 1-1-128 - Civil Liability for Theft of Identity.
Section 1-1-130 - Actions Against Health Care Providers; Admissibility of Evidence.
Section 1-1-131 - Short Title.
Section 1-1-132 - Definitions.
Section 1-1-133 - Applicability.
Section 1-1-134 - Limitations on Successor Asbestos-Related Liabilities.
Section 1-1-135 - Establishing Fair Market Value of Total Assets.
Section 1-1-137 - Scope of Act.
Section 1-1-139 - Civil Liability for Female Genital Mutilation.
Section 1-1-141 - Covid-19 Exposure and Illness; Assumption of the Risk.