Georgia § 51-15-3 Domestic or foreign corporation as successor; exemption from limitations

Georgia Statutes

§ 51-15-3 — Domestic or foreign corporation as successor; exemption from limitations

Georgia § 51-15-3

Title51

This text of Georgia § 51-15-3 (Domestic or foreign corporation as successor; exemption from limitations) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 51-15-3 (2026).

Text

(a)The limitations contained in Code Section 51-15-4 apply to a domestic or foreign corporation that is a successor and became a successor before January 1, 1972, or is any of that successor corporation's successor corporation.

(b)The limitations contained in Code Section 51-15-4 do not apply to:

(1)Any claim against a corporation that does not constitute a successor asbestos related liability;

(2)An insurance corporation;

(3)Any obligations under the federal National Labor Relations Act or under any collective bargaining agreement; or (4) A successor that, after a merger or consolidation, continued in the business of mining asbestos, in the business of selling or distributing asbestos fibers, or in the business of manufacturing, distributing, removing, or installing asbestos-containi

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(a) The limitations contained in Code Section 51-15-4 apply to a domestic or foreign corporation that is a successor and became a successor before January 1, 1972, or is any of that successor corporation's successor corporation. (b) The limitations contained in Code Section 51-15-4 do not apply to: (1) Any claim against a corporation that does not constitute a successor asbestos related liability; (2) An insurance corporation; (3) Any obligations under the federal National Labor Relations Act or under any collective bargaining agreement; or (4) A successor that, after a merger or consolidation, continued in the business of mining asbestos, in the business of selling or distributing asbestos fibers, or in the business of manufacturing, distributing, removing, or installing asbestos-containing products that were the same or substantially the same as those products previously manufactured, distributed, removed, or installed by the transferor.