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2021 Indiana Code
Title 35. Criminal Law and Procedure
Article 43. Offenses Against Property
Chapter 6. Home Improvement Fraud
35-43-6-11. Determination of Fair Market Value
Universal Citation: IN Code § 35-43-6-11 (2021)
Sec. 11. For the purposes of this chapter, fair market value shall be determined as of the time either the home improvement contract was formed or at the time any of the work commenced under the home improvement contract, whichever is earlier. However, if such evidence is not readily available, the fair market value prevailing within any reasonable time before or after the time described, which in commercial judgment or under usage of trade would serve as a reasonable substitute, may be used.
As added by P.L.251-1987, SEC.4.
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