Rickey R. Hendon
- Democratic
Primary
Creates the Successor Asbestos-Related Liability Fairness Act. Limits the cumulative successor asbestos-related liabilities of a corporation to the fair market value of the total gross assets of the transferor determined as of the time of the merger or consolidation. Provides that a corporation is not responsible for successor asbestos-related liabilities in excess of that limitation. Provides guidelines for establishing the fair market value of the total gross assets for the purpose of the liability limitation.
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Session Sine Die
Pursuant to Senate Rule 3-9(b) / Referred to Rules
Rule 2-10 Third Reading Deadline Extended to January 9, 2007
Second Reading
Placed on Calendar Order of 3rd Reading February 28, 2006
Do Pass as Amended Commerce & Economic Development; 009-000-000
Placed on Calendar Order of 2nd Reading February 22, 2006
Senate Committee Amendment No. 1 Adopted
Senate Committee Amendment No. 1 Rules Refers to Commerce & Economic Development
Senate Committee Amendment No. 1 Referred to Rules
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Rickey R. Hendon
Added as Co-Sponsor Sen. Pamela J. Althoff
Assigned to Commerce & Economic Development
Added as Co-Sponsor Sen. Dave Syverson
Chief Co-Sponsor Sen. Kirk W. Dillard
Referred to Rules
First Reading
Filed with Secretary by Sen. Rickey R. Hendon
| Bill Text Versions | Format |
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| Introduced | HTML |
| Document | Format |
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| Senate Amendment 001 |
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