Indiana Statutes
§ 28-12-10-3 — Effect of good faith corporate action
Indiana § 28-12-10-3
This text of Indiana § 28-12-10-3 (Effect of good faith corporate action) 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 § 28-12-10-3 (2026).
Text
Corporate action taken in good faith in accordance with the emergency bylaws:
(1)binds the corporation; and
(2)may not be used to impose liability on a director, an officer, an
employee, or an agent.
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Legislative History
As added by P.L.14-1992, SEC.162.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
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Bluebook (online)
Indiana § 28-12-10-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-12-10-3.