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§ 23-1-3-2-5 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 23 - Business and Other Associations/
  5. Article 1.3 - Benefit Corporations/
  6. Chapter 2 - Definitions23-1.3-2-1. Application of Corporation Law Definitions/
  7. § 23-1-3-2-5
Indiana Legal Code

§ 23-1-3-2-5

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'Benefit enforcement proceeding' means any claim, action, or proceeding for:(1) the failure of a benefit corporation to pursue or create:(A) general public benefit; or(B) a specific public benefit if the benefit corporation identified a specific public benefit purpose in its articles of incorporation; or(2) a violation of any obligation, duty, or standard of conduct under this article.As added by P.L.93-2015, SEC.3.