Ind. Code § 27-13-1-22

Current through P.L. 171-2024

Section 27-13-1-22 - "Net worth"

(a) "Net worth" means the excess of total admitted assets over total liabilities.

(b) For the purposes of subsection (a), "liabilities" does not include fully subordinated debt.

IC 27-13-1-22

As added by P.L. 26-1994, SEC.25.