Kentucky HB 369: AN ACT relating to successor corporation asbestos-related liabilities. Create new sections of KRS Chapter 411 to define terms, apply limitations to successor corporations' liability, except in certain enumerated situations; stipulate when the fair market value of a successor corporation's total gross assets are determined; stipulate how a successor corporation may establish fair market value; stipulate how the prime rate is to be calculated.

Status: Floor amendment (1) filed (as of 2017-02-27)

State: Kentucky · Session: 2017RS · Bill: HB 369

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