14-34-7-3. "Tangible net worth" defined

IN Code § 14-34-7-3 (2019) (N/A)
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Sec. 3. As used in this chapter, "tangible net worth" means:

(1) net worth; minus

(2) intangibles such as goodwill and rights to patents or royalties.

[Pre-1995 Recodification Citation: 13-4.1-6.3-7.]

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