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Ind. Code § 34-31-8-4

"Successor asbestos related liability"

As added by P.L.134-2009, SEC.6.

Sec. 4. As used in this chapter, "successor asbestos related liability" means any liability that is related to an asbestos claim that was assumed or incurred by a corporation as a result of:

(1) a merger or consolidation with another corporation;

(2) the plan of merger or consolidation related to the merger or consolidation; or

(3) the exercise of control or the ownership of stock of the corporation before the merger or consolidation.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.