"Benefit enforcement proceeding"

Ind. Code § 23-1.3-2-5
in effect
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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. As added by P.L.93-2015, SEC.3.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/23Fetched: 10/17/2026

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