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2021 Indiana Code
Title 23. Business and Other Associations
Article 1.3. Benefit Corporations
Chapter 7. Standard of Conduct for Officers
23-1.3-7-4. No Duty to Beneficiary
Universal Citation: IN Code § 23-1.3-7-4 (2021)
Sec. 4. An officer does not have a duty to a person that is a beneficiary of the general public benefit purpose or a specific public benefit purpose of a benefit corporation arising from the status of the person as a beneficiary.
As added by P.L.93-2015, SEC.3.
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