Sec. 4. The act or inaction of an individual in the individual's capacity as a benefit director shall constitute for all purposes an act or inaction of that individual in the capacity of a director of the benefit corporation.
As added by P.L.93-2015, SEC.3.
Structure Indiana Code
Title 23. Business and Other Associations
Article 1.3. Benefit Corporations
23-1.3-6-2. Elect; Independent; Presumed Not Independent; Additional Qualification Requirements
23-1.3-6-5. Immune From Personal Liability
23-1.3-6-6. Benefit Directors of Professional Corporations
23-1.3-6-7. Powers and Duties Exercised by Persons Other Than Directors