9 chapters · 198 sections in this title.
Fla. Stat. § 774.001 Legislative findings and intent
1.0K chars
The Legislature finds that the number of asbestos-related claims has increased significantly in recent years and threatens the continued viability of a number of uniquely situated companies that have not ever manufactured, sold, or distributed asbestos or asbestos products and ar…
Fla. Stat. § 774.002 Definitions
2.3K chars
(1) “Asbestos claim” means any claim, wherever or whenever made, for damages, losses, indemnification, contribution, or other relief arising out of, based on, or in any way related to asbestos, including:(a) The health effects of exposure to asbestos, including any claim for:1. P…
Fla. Stat. § 774.003 Applicability
1.1K chars
(1) The limitations in s. 774.004 apply to a corporation that is a successor and became a successor before January 1, 1972, or is any of that successor corporation’s successors.(2) The limitations in s. 774.004 do not apply to:(a) Workers’ compensation benefits paid by or on beha…
Fla. Stat. § 774.004 Limitations on successor asbestos-related liabilities
0.8K chars
(1) Except as further limited in subsection (2), the cumulative successor asbestos-related liabilities of a 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 corporation does …