50-1208 Kansas prosecutors; injunctive relief.
50-1208. Kansas prosecutors; injunctive relief. A county or district attorney, or the attorney general, may seek injunctive relief in any court of competent jurisdiction to enjoin any official, agent or employee of the government of the United States or employee of a corporation providing services to the government of the United States from enforcing any […]
50-1209 Firearms; exclusions.
50-1209. Firearms; exclusions. K.S.A. 2021 Supp. 50-1201 through 50-1211, and amendments thereto, do not apply to: (a) A firearm that cannot be carried and used by one person; (b) ammunition with a projectile that explodes using an explosion of chemical energy after the projectile leaves the firearm; or (c) other than shotguns, a firearm that […]
50-1210 Application of act.
50-1210. Application of act. K.S.A. 2021 Supp. 50-1201 through 50-1211, and amendments thereto, apply to firearms, firearms accessories and ammunition that are manufactured, as defined in K.S.A. 2021 Supp. 50-1203, and amendments thereto, owned and remain within the borders of Kansas on and after October 1, 2009. History: L. 2013, ch. 100, § 10; April […]
50-1211 Severability.
50-1211. Severability. If any provision of K.S.A. 2021 Supp. 50-1201 through 50-1210, and amendments thereto, or the application to any persons or circumstances is held to be invalid, such invalidity shall not affect the other provisions or application of K.S.A. 2021 Supp. 50-1201 through 50-1210, and amendments thereto, and to this end the provisions of […]
50-1301 Title of act.
50-1301. Title of act. K.S.A. 2021 Supp. 50-1301 through 50-1307, and amendments thereto, shall be known and may be cited as the successor corporation asbestos-related liability fairness act. History: L. 2014, ch. 45, § 1; July 1.
50-1302 Definitions.
50-1302. Definitions. As used in the successor corporation asbestos-related liability fairness act: (a) “Asbestos claim” means the same as in K.S.A. 60-4901, and amendments thereto. “Asbestos claim” also means any claim for damage or loss caused by the installation, presence or removal of asbestos. (b) “Corporation” means a corporation for profit, including a domestic corporation […]
50-1303 Application to successor corporations; exceptions.
50-1303. Application to successor corporations; exceptions. (a) The limitations in K.S.A. 2021 Supp. 50-1304, and amendments thereto, shall apply to any successor corporation. The limitations of K.S.A. 2021 Supp. 50-1304, and amendments thereto, shall not apply to: (1) Workers’ compensation benefits paid by or on behalf of an employer to an employee under the provisions […]
50-1304 Limitation on liability.
50-1304. Limitation on liability. (a) Except as further limited in subsection (b), the cumulative successor asbestos-related liabilities of a successor 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 successor corporation shall not have responsibility for successor […]
50-1305 Methods of establishing fair market value.
50-1305. Methods of establishing fair market value. (a) A successor corporation may establish the fair market value of total gross assets for the purpose of the limitations under K.S.A. 2021 Supp. 50-1304, and amendments thereto, through any method reasonable under the circumstances, including, but not limited to: (1) By reference to the going concern value […]
50-1306 Adjustment of the fair market value of total gross assets.
50-1306. Adjustment of the fair market value of total gross assets. (a) Except as provided in subsections (b), (c) and (d), 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 […]