Ind. Code § 28-12-10-3

Current through P.L. 171-2024

Section 28-12-10-3 - Effect of good faith corporate action

Corporate action taken in good faith in accordance with the emergency bylaws:

(1) binds the corporation; and

(2) may not be used to impose liability on a director, an officer, an employee, or an agent.

IC 28-12-10-3

As added by P.L. 14-1992, SEC.162.