28-12-10-3. Effect of good faith corporate action

IN Code § 28-12-10-3 (2019) (N/A)
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Sec. 3. 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.

As added by P.L.14-1992, SEC.162.