The Florida Senate

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 that successor corporation's successors.

(2)  The limitations in s. 774.004 do not apply to:

(a)  Workers' compensation benefits paid by or on behalf of an employer to an employee under chapter 440 or a comparable workers' compensation law of another jurisdiction;

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

(c)  An insurance company, as defined in s. 717.101;

(d)  Any obligations under the National Labor Relations Act, as amended, or under any collective bargaining agreement; or

(e)  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.

History.--s. 3, ch. 2005-269.