Indiana Statutes

§ 14-34-7-2 — "Net worth" defined

Indiana·Art. 34 SURFACE COAL MINING AND RECLAMATION·Ch. 7 Self-Bonding

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.]

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Legislative History

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

Nearby Sections

15
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