Indiana Code > Title 27 > Article 13 > Chapter 14 – Protection Against Insolvency; Liabilities
Current as of: 2023 | Check for updates
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Other versions
| § 27-13-14-1 | Determination of liabilities |
| § 27-13-14-2 | Computation of liabilities |
Terms Used In Indiana Code > Title 27 > Article 13 > Chapter 14 - Protection Against Insolvency; Liabilities
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.