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