§ 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 […]
§ 16-119-111. Record books unfit for preservation — Transcriptions to take place of originals
(a) The county courts of the various counties of the state are authorized to have transcribed into well-bound books, suitable for that purpose, provided by the county courts, all records contained in books that, in the opinion of the county courts, are in a condition unfit for preservation. (b) The transcript, after being submitted to […]
§ 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 […]
§ 16-120-202. Liability
(a) (1) Except as provided in subdivision (a)(2) of this section, an equine activity sponsor, an employee of an equine activity sponsor, a livestock sponsor, an employee of a livestock sponsor, a livestock owner, a livestock facility, or a livestock auction market is not liable for an injury to or the death of a participant […]
§ 16-120-301. Injury or damage to person committing felony
If a person while committing a felony is injured or his or her property damaged, the person who causes such injury or damage shall not be liable for damages nor subject to suit for the injury or damage, provided that: (1) The person causing such injury or damage has not acted with malice; (2) The […]
§ 16-118-115. Civil actions regarding violations of § 5-73-326
An employer or employee who knowingly violates § 5-73-326 is liable to the prevailing party in an action brought under this section and, upon proving the prevailing party’s case by clear and convincing evidence, is entitled to one (1) or more of the following remedies: (1) Equitable relief; (2) Compensatory damages; and (3) Costs and […]
§ 16-118-116. Civil actions for unlawful female genital mutilation
(a) A person who knowingly commits or attempts to commit unlawful female genital mutilation of a minor as described in § 5-14-136 is liable to the victim of the unlawful female genital mutilation. (b) A person who knowingly directs or assists another person to violate or attempt to violate § 5-14-136 is jointly liable under […]
§ 16-119-101. Other methods of restoration unaffected by chapter
Nothing in this chapter shall be so construed as to hinder or prevent any lost, burned, or destroyed records, papers, or proceedings from being reinstated and reestablished by any other mode known to or recognized by laws existing prior to January 10, 1857, should the other mode be deemed more convenient and work no wrong […]