1-1-136. Adjustment.
(a) Except as provided in subsections (b) through (d) of this section, the fair market value of total gross assets at the time of the merger or consolidation shall increase annually at a rate equal to the sum of:
(i) The prime rate as listed in the first edition of the Wall Street Journal published for each calendar year since the merger or consolidation, unless the prime rate is not published in that edition of the Wall Street Journal, in which case any reasonable determination of the prime rate on the first day of the year may be used; and
(ii) One percent (1%).
(b) The rate found in subsection (a) of this section shall not be compounded.
(c) The adjustment of the fair market value of total gross assets shall continue as provided in subsection (a) of this section until the date the adjusted value is first exceeded by the cumulative amounts of successor asbestos-related liabilities paid or committed to be paid by or on behalf of the successor corporation or a predecessor or by or on behalf of a transferor after the time of the merger or consolidation for which the fair market value of total gross assets is determined.
(d) No adjustment of the fair market value of total gross assets shall be applied to any liability insurance that may be included in the definition of total gross assets by W.S. 1-1-135(c).
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.