Indiana Statutes

§ 23-18-4-7 — Enforcement of operating agreement; injunctive or other relief

Indiana § 23-18-4-7
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 18LIMITED LIABILITY COMPANIES
Ch. 4Rights and Duties of Members and Managers

This text of Indiana § 23-18-4-7 (Enforcement of operating agreement; injunctive or other relief) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 23-18-4-7 (2026).

Text

(a)A court may enforce an operating agreement by injunction or by granting other relief that the court in its discretion determines to be fair and appropriate in the circumstances.
(b)As an alternative to injunctive or other equitable relief, when the provisions under IC 23-18-9-2 are applicable, the court may order dissolution of the limited liability company.

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Legislative History

As added by P.L.8-1993, SEC.301.

Nearby Sections

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Bluebook (online)
Indiana § 23-18-4-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-18-4-7.