§ 22

Ind. Code § 27-13-1-22

"Net worth"

As added by P.L.26-1994, SEC.25.
  1. (a) "Net worth" means the excess of total admitted assets over total liabilities.
  2. (b) For the purposes of subsection (a), "liabilities" does not include fully subordinated debt.

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

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