407.754. How to apply to successors in interest--successor in interest defined.

How to apply to successors in interest--successor in interestdefined.

407.754. The obligations of any wholesaler, manufacturer ordistributor created by the provisions of sections 407.750 to407.754 apply to any successor in interest or assignee of thatwholesaler, manufacturer, or distributor. A "successor ininterest" includes any purchaser of substantially all of theassets or over fifty percent of the stock, any survivingcorporation resulting from a merger or liquidation, any receiver,or any trustee of the original wholesaler, manufacturer ordistributor.

(L. 1991 S.B. 241 § 5)