Ind. Code § 28-13-11-3

Current through P.L. 171-2024

Section 28-13-11-3 - Bad faith; knowledge making reliance on information unwarranted

A director is not acting in good faith if the director has knowledge concerning the matter in question that makes reliance otherwise permitted by section 2 of this chapter unwarranted.

IC 28-13-11-3

As added by P.L. 14-1992, SEC.163.