Indiana Statutes
§ 30-2-15-3 — "Net fair market value"
As used in this chapter, "net fair market value"
means the fair market value of each asset comprising the trust reduced
by the liens, debts, and encumbrances of the trust, regardless of
whether the liens, debts, and encumbrances are allocable to a specific
asset.
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Legislative History
As added by P.L.3-2003, SEC.2.
Nearby Sections
15
§ 30-1-2-1
Stocks; bonds; securities§ 30-1-2-2
Securities not listed; terms§ 30-1-4-1
Eligible investments§ 30-1-5-1
Securities; insurance§ 30-1-6-3
Bidding; report; hearing; endorsement§ 30-1-6-5
Acts conclusive; disaffirmance denied§ 30-1-7-2
Petition to execute options; prospectus§ 30-1-7-3
Hearing; order of court§ 30-1-7-4
Binding and conclusive; disaffirmance§ 30-1-8-1
Definitions