Ind. Code § 28-13-13-5
"Official capacity" defined; scope of term
Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective
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- Ind. Code § 28-13-13-5, "Official capacity" defined; scope of term, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1667091
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Full text
Sec. 5.
(a) As used in this chapter, "official capacity" means:
(1) when used with respect to a director, the office of director in a corporation; and
(2) when used with respect to an individual other than a director, as contemplated in section 13 of this chapter, the office in a corporation held by the officer or the employment or agency relationship undertaken by the employee or agent on behalf of the corporation.
(b) The term does not include service for any other foreign or domestic corporation or any partnership, joint venture, limited liability company, trust, employee benefit plan, or other enterprise, whether for profit or not.