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HB 245 (BR 1295) - D. St. Onge
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.
Jan 24, 2018 - introduced in House
Jan 26, 2018 - to Economic Development & Workforce Investment (H)
Feb 06, 2018 - posted in committee