Sec. 5. "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.
As added by P.L.93-2015, SEC.3.
Structure Indiana Code
Title 23. Business and Other Associations
Article 1.3. Benefit Corporations
23-1.3-2-1. Application of Corporation Law Definitions
23-1.3-2-2. Application of Definitions
23-1.3-2-3. "Benefit Corporation"
23-1.3-2-4. "Benefit Director"
23-1.3-2-5. "Benefit Enforcement Proceeding"
23-1.3-2-7. "General Public Benefit"
23-1.3-2-9. "Minimum Status Vote"