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Georgia Code Title 51. Torts § 51-15-3

Current as of March 28, 2024 | Updated by FindLaw Staff

(a) The limitations contained in Code Section 51-15-4 apply to a domestic or foreign corporation that is a successor and became a successor before January 1, 1972, or is any of that successor corporation's successor corporation.

(b) The limitations contained in Code Section 51-15-4 do not apply to:

(1) Any claim against a corporation that does not constitute a successor asbestos related liability;

(2) An insurance corporation;

(3) Any obligations under the federal National Labor Relations Act or under any collective bargaining agreement; or

(4) A successor that, after a merger or consolidation, continued in the business of mining asbestos, in the business of selling or distributing asbestos fibers, or in the business of manufacturing, distributing, removing, or installing asbestos-containing products that were the same or substantially the same as those products previously manufactured, distributed, removed, or installed by the transferor.

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Cite this article: FindLaw.com - Georgia Code Title 51. Torts § 51-15-3 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-51-torts/ga-code-sect-51-15-3/

Read this complete Georgia Code Title 51. Torts § 51-15-3 on Westlaw. Westlaw subscription required.

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