§ 16-120-901. Definitions
As used in this subchapter: (1) “Civil action for wrongful birth” means a cause of action that is brought by a parent or other person who is legally required to provide for the support of a child, seeking economic or noneconomic damages for the child because of a condition that existed at the time of […]
§ 16-120-902. Wrongful birth claims — Wrongful life claims
(a) A person is not liable for damages in a civil action for wrongful birth based on a claim that, but for an act or omission of the defendant, a child would not or should not have been born. (b) A person is not liable for damages in a civil action for wrongful life based […]
§ 16-120-1001. Title
This subchapter shall be known and may be cited as the “Arkansas Cycling Activities Act”.
§ 16-120-1002. Definitions
As used in this subchapter: (1) “Bicycle” means a: (A) Two-wheeled vehicle with a rear drive wheel that is solely human-powered; or (B) Two-wheeled or three-wheeled vehicle with: (i) Fully operable pedals and an electric motor of less than seven hundred fifty watts (750 W); and (ii) A maximum speed of less than twenty miles […]
§ 16-120-1003. Liability of a bicycle outfitter
Except as provided in § 16-120-1004(2): (1) (A) A participant assumes the inherent risk of a cycling activity by engaging in the cycling activity. (B) A participant or a participant’s representative shall not make a claim against, maintain an action against, or recover from a bicycle outfitter for the loss or damage or injury to […]
§ 16-120-603. Definitions. [Effective January 1, 2020.]
As used in this subchapter: (1) “Asbestos claim” means any civil cause of action, wherever or whenever made, arising out of, based on, or in any way related to asbestos, including the health effects of exposure to asbestos or the installation, presence, or removal of asbestos, and includes a claim made by or on behalf […]
§ 16-120-604. Limit on successor asbestos-related liabilities. [Effective January 1, 2020.]
(a) A successor is not liable for any asbestos claim when the successor’s cumulative successor asbestos-related liabilities exceed the fair market value of the total gross assets of the transferor determined as of the time of the merger or consolidation. (b) If the transferor had assumed or incurred successor asbestos-related liabilities in connection with a […]
§ 16-120-605. Establishing fair market value of total gross assets. [Effective January 1, 2020.]
(a) A successor may establish the fair market value of total gross assets for the purpose of § 16-120-604 through any method reasonable under the circumstances, including: (1) By reference to the growing concern value of the assets or to the purchase price attributable to or paid for the assets in an arm’s-length transaction; or […]
§ 16-120-201. Definitions
As used in this subchapter, unless the context otherwise requires: (1) “Equine” means a horse, pony, mule, donkey, or hinny; (2) “Equine activity” means: (A) Equine shows, fairs, competitions, performances, or parades that involve any or all breeds of equines and any of the equine disciplines, including without limitation dressage, hunter and jumper horse shows, […]
§ 16-120-606. Adjustment. [Effective January 1, 2020.]
(a) Except as provided in subsections (b)-(d) of this section, the fair market value of total gross assets at the time of the merger or consolidation shall increase annually at a rate equal to the sum of: (1) The prime rate as listed in the first edition of the Wall Street Journal published for each […]