Florida Statute 774.004 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XLV
TORTS

Chapter 774
ASBESTOS-RELATED AND SILICA-RELATED CLAIMS

View Entire Chapter

F.S. 774.004

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.

F.S. 774.004 on Google Scholar

F.S. 774.004 on CourtListener

Amendments to 774.004

Annotations, Discussions, Cases:

Cases Citing Statute 774.004

Total Results: 5

Dallas v. State

898 So. 2d 163, 2005 WL 545128

District Court of Appeal of Florida | Filed: Mar 9, 2005 | Docket: 1732306

Cited 3 times | Published

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

DJG v. State

524 So. 2d 1024, 1987 WL 2633

District Court of Appeal of Florida | Filed: Dec 9, 1987 | Docket: 1340656

Cited 2 times | Published

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

MICHAEL ANTHONY PRENTICE v. STATE OF FLORIDA

District Court of Appeal of Florida | Filed: Jun 2, 2021 | Docket: 59954653

Published

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

MICHAEL ANTHONY PRENTICE v. STATE OF FLORIDA

District Court of Appeal of Florida | Filed: Feb 17, 2021 | Docket: 59295950

Published

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

D.J.G. v. State

524 So. 2d 1024, 12 Fla. L. Weekly 2806, 1987 Fla. App. LEXIS 11583

District Court of Appeal of Florida | Filed: Dec 9, 1987 | Docket: 64634704

Published

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