Ind. Code § 21-16-5-15

Current through P.L. 171-2024

Section 21-16-5-15 - Immunity for officers and directors

Except for an act of fraud or intentional misconduct, an officer or director of the corporation is not individually liable for an act or omission regarding the exercise or performance of that person's duty to the corporation.

IC 21-16-5-15

Pre-2007 Higher Education Recodification Citation: 20-12-21.2-8.

As added by P.L. 2-2007, SEC.257.