Ind. Code § 23-1.3-9-1

Current through P.L. 171-2024

Section 23-1.3-9-1 - Limit on actions

A person may not, except in a benefit enforcement proceeding, bring an action or assert a claim against a benefit corporation or its directors or officers with respect to either of the following:

(1) The failure to pursue or create:

(A) general public benefit; or

(B) a specific public benefit identified in the benefit corporation's articles of incorporation.

(2) A violation of an obligation, duty, or standard of conduct under this article.

IC 23-1.3-9-1

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