§ 50-1303 — Application to successor corporations; exceptions

Kansas § 50-1303

• Jurisdiction: Kansas
• Ch. 50: UNFAIR TRADE AND CONSUMER PROTECTION
• Art. 13: SUCCESSOR CORPORATION ASBESTOS-RELATED LIABILITY FAIRNESS ACT

Text

(a) The limitations in K.S.A. 2024 Supp. 50-1304, and amendments thereto, shall apply to any successor corporation. The limitations of K.S.A. 2024 Supp. 50-1304, and amendments thereto, shall not apply to:
(1) Workers' compensation benefits paid by or on behalf of an employer to an employee under the provisions of chapter 44 of the Kansas Statutes Annotated, and amendments thereto, or a comparable workers' compensation law of another jurisdiction;
(2) any claim against a corporation that does not constitute a successor asbestos-related liability;
(3) any obligation under the national labor relations act, 29 U.S.C. § 151 et seq., or under any collective bargaining agreement; or
(4) a successor that, after a merger or consolidation, continued in the business of mining asbestos or in the business of selling or distributing asbestos fibers or in the business of manufacturing, distributing, removing or installing asbestos-containing products which were the same or substantially the same as those products previously manufactured, distributed, removed, or installed by the transferor.

Legislative History

L. 2014, ch. 45, § 3; July 1.