South Dakota § 20-9-36 Definitions related to asbestos claims.

South Dakota Statutes

§ 20-9-36 — Definitions related to asbestos claims.

South Dakota·Title 20 PERSONAL RIGHTS AND OBLIGATIONS·Ch. 20-8 LIABILITY FOR TORTS

Terms used in §§ to 20-9-43 , inclusive, mean:

(1)"Corporation," any corporation for profit, including a domestic corporation organized under the laws of this state or a foreign corporation organized under laws other than the laws of this state;

(2)"Successor," any corporation that assumes or incurs or has assumed or incurred successor asbestos-related liabilities and that became a successor before January 1, 1972, or any successors of that corporation;

(3)"Transferor," any corporation from which successor asbestos-related liabilities are or were assumed or incurred.

Free access — add to your briefcase to read the full text and ask questions with AI

Terms used in §§ to 20-9-43 , inclusive, mean: (1) "Corporation," any corporation for profit, including a domestic corporation organized under the laws of this state or a foreign corporation organized under laws other than the laws of this state; (2) "Successor," any corporation that assumes or incurs or has assumed or incurred successor asbestos-related liabilities and that became a successor before January 1, 1972, or any successors of that corporation; (3) "Transferor," any corporation from which successor asbestos-related liabilities are or were assumed or incurred.

South Dakota § 20-9-36 (Definitions related to asbestos claims.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.