"Successor asbestos related liability"

Ind. Code § 34-31-8-4
in effect
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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. As added by P.L.134-2009, SEC.6.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/34Fetched: 10/17/2026

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