Indiana Statutes
§ 28-13-11-3 — Bad faith; knowledge making reliance on information unwarranted
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 28-13-11-3 (Bad faith; knowledge making reliance on information unwarranted) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.14-1992, SEC.163.
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
Safe deposits and escrows