"Tangible net worth" defined

Ind. Code § 14-34-7-3, under Chapter 7. Self-Bonding.

Ind. Code § 14-34-7-3

Sec. 3. As used in this chapter, "tangible net worth" means: (1) net worth; minus (2) intangibles such as goodwill and rights to patents or royalties. [Pre-1995 Recodification Citation: 13-4.1-6.3-7.] As added by P.L.1-1995, SEC.27.