South Dakota Statutes
§ 20-9-39 — Limitation on cumulative successor asbestos-related liabilities.
South Dakota § 20-9-39
This text of South Dakota § 20-9-39 (Limitation on cumulative successor asbestos-related liabilities.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 20-9-39 (2026).
Text
The cumulative successor asbestos-related liabilities of any successor corporation are limited to the fair market value of the total gross assets of the transferor determined as of the time of the merger or consolidation. The successor corporation does not have responsibility for successor asbestos-related liabilities in excess of this limitation.
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Legislative History
SL 2010, ch 110, § 4.
Nearby Sections
15
§ 20-1-1
Obligation defined.§ 20-1-2
Origin of obligations.§ 20-10-2
Acts constituting deceit.§ 20-10A-1
Definition of terms.§ 20-10A-2
Cause of action for damages.§ 20-10A-3
Liability for damages.§ 20-10A-4
Limitation on actions for damages.§ 20-11-2
Classes of defamation.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 20-9-39, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/20-9-39.