Sec. 5. (a) As used in this chapter, "official capacity" means the following:
(1) When used with respect to a director, the office of director in a corporation.
(2) When used with respect to an individual other than a director under section 13 of this chapter, the office in a corporation held by the officer or the employment or agency relationship undertaken by the employee or agent on behalf of the corporation.
(b) The term does not include service for any other foreign or domestic corporation or any partnership, limited liability company, joint venture, trust, employee benefit plan, or other enterprise, whether for profit or not.
As added by P.L.179-1991, SEC.1. Amended by P.L.8-1993, SEC.333.
Structure Indiana Code
Title 23. Business and Other Associations
Article 17. Nonprofit Corporations
23-17-16-1. Corporation Defined
23-17-16-3. Expenses as Including Attorney's Fees
23-17-16-5. Official Capacity Defined
23-17-16-7. Proceeding Defined
23-17-16-9. Director Wholly Successful in Defense of Proceeding
23-17-16-10. Reasonable Expense Payments in Advance of Final Disposition
23-17-16-11. Application to Court; Grounds for Ordering Indemnification
23-17-16-13. Indemnification of Officers, Employees, and Agents
23-17-16-14. Purchase of Insurance
23-17-16-15. Other Rights to Indemnification; Reimbursement of Expenses of Appearing as Witness