"Value" defined

Ind. Code § 32-34-4-3
in effect
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Sec. 3. As used in this chapter, "value" means the amount of money that a reasonable person would estimate a willing buyer would pay for an item of personal property. [Pre-2002 Recodification Citation: 32-9-9-3.] As added by P.L.2-2002, SEC.19.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/32Fetched: 10/17/2026

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