Texas Civil Practice and Remedies Code

§ 149.002 — APPLICABILITY

CP § 149.002Title 6. MISCELLANEOUS PROVISIONS · Ch. 149. LIMITATIONS IN CIVIL ACTIONS OF LIABILITIES RELATING TO CERTAIN MERGERS OR CONSOLIDATIONS

Statute text

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(a)The limitations in Section 149.003 shall apply to a domestic corporation or a foreign corporation that has had a certificate of authority to transact business in this state or has done business in this state and that is a successor which became a successor prior to May 13, 1968, or which is any of that successor corporation's successors, but in the latter case only to the extent of the limitation of liability applied under Section 149.003(b) and subject also to the limitations found in this chapter, including those in Subsection (b).

(b)The limitations in Section 149.003 shall not apply to:

(1)workers' compensation benefits paid by or on behalf of an employer to an employee under the Texas Workers' Compensation Act, Subtitle A, Title 5, Labor Code, or a comparable workers' compensation law of another jurisdiction;

(2)any claim against a corporation that does not constitute a successor asbestos-related liability;

(3)an insurance corporation, as that term is used in the Insurance Code;

(4)any obligations under the National Labor Relations Act (29 U.S.C. Section 151 et seq.), as amended, or under any collective bargaining agreement;

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Legislative history

Added by Acts 2003, 78th Leg., ch. 204, Sec. 17.01, eff. June 11, 2003.