Sec. 22. (a) "Net worth" means the excess of total admitted assets over total liabilities. (b) For the purposes of subsection (a), "liabilities" does not include fully subordinated debt. As added by P.L.26-1994, SEC.25.
"Net worth"
Ind. Code § 27-13-1-22, under Definitions.
Ind. Code § 27-13-1-22