Indiana Code
Chapter 8. Limited Liability Concerning Asbestos Related Claims
34-31-8-10. Establishment of Fair Market Value of Total Gross Assets of Transferor Corporation

Sec. 10. 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.
As added by P.L.134-2009, SEC.6.

Structure Indiana Code