Indiana § 34-31-8-10 Establishment of fair market value of total gross assets of transferor
corporation

Indiana Statutes

§ 34-31-8-10 — Establishment of fair market value of total gross assets of transferor corporation

Indiana § 34-31-8-10

Title 34CIVIL LAW AND PROCEDURE

Art. 31LIMITED LIABILITY

Ch. 8Limited Liability Concerning Asbestos Related Claims

This text of Indiana § 34-31-8-10 (Establishment of fair market value of total gross assets of transferor corporation) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 34-31-8-10 (2026).

Text

An innocent successor corporation may establish the fair market value of the total gross assets, including intangible assets, of a transferor corporation to determine limitations under section 8 of this chapter by any reasonable method, including:

(1)by reference to the going concern value of the assets;

(2)by reference to the purchase price attributable to or paid for assets in an arms length transaction; or

(3)in the absence of other readily available information from which the fair market value can be determined, by reference to the value of the assets recorded on a balance sheet.

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An innocent successor corporation may
establish the fair market value of the total gross assets, including
intangible assets, of a transferor corporation to determine limitations
under section 8 of this chapter by any reasonable method, including:
(1) by reference to the going concern value of the assets;
(2) by reference to the purchase price attributable to or paid for
assets in an arms length transaction; or
(3) in the absence of other readily available information from
which the fair market value can be determined, by reference to the
value of the assets recorded on a balance sheet.