Ind. Code § 23-1.3-2-5

"Benefit enforcement proceeding"

As added by P.L.93-2015, SEC.3.

"Benefit enforcement proceeding" means any claim, action, or proceeding for:

  1. (1) the failure of a benefit corporation to pursue or create:

    1. (A) general public benefit; or
    2. (B) a specific public benefit if the benefit corporation identified a specific public benefit purpose in its articles of incorporation; or
  2. (2) a violation of any obligation, duty, or standard of conduct under this article.

As added by P.L.93-2015, SEC.3.

Log InSign Up