South Carolina § 15-81-130 Applicability of limitations granted successor.

South Carolina Statutes

§ 15-81-130 — Applicability of limitations granted successor.

South Carolina § 15-81-130

Title 15CIVIL REMEDIES AND PROCEDURES

Ch. 81SUCCESSOR ASBESTOS-RELATED LIABILITY FAIRNESS ACT

This text of South Carolina § 15-81-130 (Applicability of limitations granted successor.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 15-81-130 (2026).

Text

(A)The limitations of Section 15-81-140 apply to a corporation that is a successor and became a successor before January 1, 1972, or is a successor of that corporation's successors.

(B)The limitations of Section 15-81-140 do not apply to:

(1)workers' compensation benefits paid by or on behalf of an employer to an employee pursuant to Title 42, or a comparable workers' compensation law of another jurisdiction;

(2)a claim against a corporation that does not constitute a successor asbestos-related liability;

(3)an insurance company, as defined in Chapter 1, Title 38;

(4)an obligation pursuant to the National Labor Relations Act, as amended, or pursuant to a collective bargaining agreement; or (5) a successor that after a merger or consolidation continued in the business of mining asbest

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(A) The limitations of Section 15-81-140 apply to a corporation that is a successor and became a successor before January 1, 1972, or is a successor of that corporation's successors. (B) The limitations of Section 15-81-140 do not apply to: (1) workers' compensation benefits paid by or on behalf of an employer to an employee pursuant to Title 42, or a comparable workers' compensation law of another jurisdiction; (2) a claim against a corporation that does not constitute a successor asbestos-related liability; (3) an insurance company, as defined in Chapter 1, Title 38; (4) an obligation pursuant to the National Labor Relations Act, as amended, or pursuant to a collective bargaining agreement; or (5) 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.