Okla. Stat. tit. 76, § 76-105: Limitations on successor asbestos-related liabilities

LIMITATIONS ON SUCCESSOR ASBESTOS-RELATED LIABILITIES. A.

Except as further limited in subsection B of this section, the

cumulative successor asbestos-related liabilities of an innocent

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 innocent successor corporation

does not have any responsibility for successor asbestos-related

liabilities in excess of this limitation.

B. If the transferor had assumed or incurred successor

asbestos-related liabilities in connection with a prior merger or

consolidation with a prior transferor, then the fair market value of

the total assets of the prior transferor, determined as of the time

of such earlier merger or consolidation, shall be substituted for

the limitation set forth in subsection A of this section for

purposes of determining the limitation of liability of an innocent

successor corporation.