"Tangible Net Worth" Defined

Checkout our iOS App for a better way to browser and research.

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.


Download our app to see the most-to-date content.