# Ind. Code § 14-34-7-2: "Net worth" defined

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-2

## Section

- **Citation:** Ind. Code § 14-34-7-2
- **Heading:** "Net worth" defined
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 14 / Article 34 / Chapter 7 / Section 14-34-7-2

## 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.

## Nearby sections

- [Ind. Code § 14-34-7-0.5 "Collateral" defined](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-0.5.md)
- [Ind. Code § 14-34-7-0.6 "Comparative balance sheet" defined](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-0.6.md)
- [Ind. Code § 14-34-7-0.7 "Comparative income statement" defined](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-0.7.md)
- [Ind. Code § 14-34-7-1 "Liabilities" defined](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-1.md)
- [Ind. Code § 14-34-7-2 "Net worth" defined](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-2.md)
- [Ind. Code § 14-34-7-2.5 "Surface Mining Control and Reclamation Act" defined](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-2.5.md)
- [Ind. Code § 14-34-7-3 "Tangible net worth" defined](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-3.md)
- [Ind. Code § 14-34-7-4 "Current assets" defined](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-4.md)
- [Ind. Code § 14-34-7-4.1 Method of replacement of self-bonds](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-4.1.md)
- [Ind. Code § 14-34-7-5 "Corporate guarantee" defined](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-5.md)
- [Ind. Code § 14-34-7-6 Self-bond or corporate guarantee; percentage of net worth](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-6.md)
- [Ind. Code § 14-34-7-7 Indemnity agreement](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-7.md)
- [Ind. Code § 14-34-7-7.1 Collateral and indemnity agreement to support self-bond application](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-7.1.md)
- [Ind. Code § 14-34-7-8 Updated information for self-bond or corporate guarantee](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-8.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A34_C7_S14-34-7-2. Check the current official text before relying on it. Not legal advice.