yourstate.us
Home / Indiana / Financial Institutions
Ind. Code § 28-13-11-3

Bad faith; knowledge making reliance on information unwarranted

Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Ind. Code § 28-13-11-3, Bad faith; knowledge making reliance on information unwarranted, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1667072
Permanent ID
ys:prov:1667072@1
SHA-256
c9a5260d53aa7547526287e9cbdc8d17139a2d7f72e4bd8aed6b68ec1d9527b2

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Sec. 3. A director is not acting in good faith if the director has knowledge concerning the matter in question that makes reliance otherwise permitted by section 2 of this chapter unwarranted.