Florida Statute 774.004 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XLV
TORTS

Chapter 774
ASBESTOS-RELATED AND SILICA-RELATED CLAIMS

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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 gross assets of the transferor determined as of the time of the merger or consolidation. The corporation does not have any responsibility for successor asbestos-related liabilities in excess of this limitation.

(2) If the transferor had assumed or incurred successor asbestos-related liabilities in connection with a prior merger or consolidation with a prior transferor, the fair market value of the total assets of the prior transferor, determined as of the time of the earlier merger or consolidation, shall be substituted for the limitation set forth in subsection (1) for purposes of determining the limitation of liability of a corporation.

History.—s. 4, ch. 2005-269.

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Amendments to 774.004

Annotations, Discussions, Cases:

Cases Citing Statute 774.004

Total Results: 5 | Sort by: Relevance | Newest First

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Dallas v. State, 898 So. 2d 163 (Fla. 4th DCA 2005).

Cited 3 times | Published | Florida 4th District Court of Appeal | 2005 WL 545128

is intercepted or prevented in the execution. § 774.04, Fla. Stat. The elements of robbery with a deadly

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DJG v. State, 524 So. 2d 1024 (Fla. 1st DCA 1987).

Cited 2 times | Published | Florida 1st District Court of Appeal | 1987 WL 2633

2d 289 (Fla. 3d DCA 1980): Conspiracy under Section 774.04(3), Florida Statutes (1977) is defined as an

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Michael Anthony Prentice v. State of Florida (Fla. 4th DCA 2021).

Published | Florida 4th District Court of Appeal

counts which failed to include a citation to section 774.04, Florida Statutes; and (3) the $304.50 transcript

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Michael Anthony Prentice v. State of Florida (Fla. 4th DCA 2021).

Published | Florida 4th District Court of Appeal

battery counts failed to include a citation to section 774.04, Florida Statutes; and (3) the $304.50 transcript

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D.J.G. v. State, 524 So. 2d 1024 (Fla. Dist. Ct. App. 1987).

Published | District Court of Appeal of Florida | 12 Fla. L. Weekly 2806, 1987 Fla. App. LEXIS 11583

2d 289 (Fla. 3d DCA 1980): Conspiracy under Section 774.04(3), Florida Statutes (1977) is defined as an