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Ind. Code § 23-1.3-2-5

"Benefit enforcement proceeding"

Indiana · Indiana Code Title 23 — Business and Other Associations · Status: effective

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Ind. Code § 23-1.3-2-5, "Benefit enforcement proceeding", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1652425
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Sec. 5. "Benefit enforcement proceeding" means any claim, action, or proceeding for: (1) the failure of a benefit corporation to pursue or create: (A) general public benefit; or (B) a specific public benefit if the benefit corporation identified a specific public benefit purpose in its articles of incorporation; or (2) a violation of any obligation, duty, or standard of conduct under this article.