Florida Statutes Part I - Asbestos-related Claims (Ss. 774.001-774.008)

• 774.001 - Legislative Findings And Intent.
  The Legislature finds that the number of asbestos-related claims has increased significantly in recent years and threatens the continued viability of a number of uniquely...
• 774.002 - Definitions.
  (1) “Asbestos claim” means any claim, wherever or whenever made, for damages, losses, indemnification, contribution, or other relief arising out of, based on, or in any...
• 774.003 - Applicability.
  (1) The limitations in s. 774.004 apply to a corporation that is a successor and became a successor before January 1, 1972, or is any of...
• 774.004 - Limitations On Successor Asbestos-related Liabilities.
  (1) Except as further limited in subsection (2), the cumulative successor asbestos-related liabilities of a corporation are limited to the fair market value of the total...
• 774.005 - Establishing Fair Market Value Of Total Gross Assets.
  (1) A corporation may establish the fair market value of total gross assets for the purpose of the limitations under s. 774.004 through any method reasonable...
• 774.006 - Adjustment.
  (1) Except as provided in subsections (2), (3), and (4), the fair market value of total gross assets at the time of a merger or consolidation...
• 774.007 - Scope.
  The courts in this state shall apply, to the fullest extent permissible under the United States Constitution, this state’s substantive law, including the limitation under...
• 774.008 - Severability.
  If any provision of this act or its application to any person or circumstance is held invalid, the invalidity shall not affect other provisions or...

Last modified: September 23, 2016