Indiana Statutes

§ 28-13-11-4 — Best interests of corporation; factors considered

Indiana·Art. 13 CORPORATE GOVERNANCE·Ch. 11 Standards of Conduct for Directors
A director may, in considering the best interests of a corporation, consider the effects of any action on shareholders, employees, suppliers, and customers of the corporation, and the communities in which offices or other facilities of the corporation are located, and any other factors the director considers pertinent.

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Legislative History

As added by P.L.14-1992, SEC.163.

Nearby Sections

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