Limit on actions
Ind. Code § 23-1.3-9-1
in effectSec. 1. 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.
As added by P.L.93-2015, SEC.3.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/23Fetched: 10/17/2026