20-9-36. Definitions related to asbestos claims.Terms used in §§20-9-36 to 20-9-43, inclusive, mean:(1)'Corporation,' any corporation for profit, including a domestic corporation organized under the laws of this state or a foreign corporation organized under laws other than the laws of this state;(2)'Successor,' any corporation that assumes or incurs or has assumed or incurred successor asbestos-related liabilities and that became a successor before January 1, 1972, or any successors of that corporation;(3)'Transferor,' any corporation from which successor asbestos-related liabilities are or were assumed or incurred. Source: SL 2010, ch 110, §1.
South Dakota Legal Code