"Net worth" defined

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Indiana Code › Title 14 › Article 34 › Chapter 7 › Section 14-34-7-2

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Sec. 2. As used in this chapter, "net worth":

(1) means:

(A) total assets; minus

(B) total liabilities; and

(2) is equivalent to owners' equity.

[Pre-1995 Recodification Citation: 13-4.1-6.3-6.]

As added by P.L.1-1995, SEC.27.

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