Ind. Code § 23-1.3-2-5

Current through P.L. 171-2024
Section 23-1.3-2-5 - "Benefit enforcement proceeding"

"Benefit enforcement proceeding" means any claim, action, or proceeding for:

(1) the failure of a benefit corporation to pursue or create:
(A) general public benefit; or
(B) a specific public benefit if the benefit corporation identified a specific public benefit purpose in its articles of incorporation; or
(2) a violation of any obligation, duty, or standard of conduct under this article.

IC 23-1.3-2-5

Added by P.L. 93-2015, SEC. 3, eff. 1/1/2016.