Sec. 11. If a record delivered to the secretary of state for filing under this article and filed by the secretary of state contains inaccurate information, a person that suffers a loss by reliance on the information may recover damages for the loss from a person that signed the record or caused another to sign it on the person's behalf and knew at the time the record was signed that the information was inaccurate.
Ind. Code § 23-0.5-2-11
Liability; recovery of damages
Known as the Uniform Business Organizations Administrative Provisions Act
The act spans §§ 23-0.5-1-1 to 23-0.5-9-9 (179 sections).
As added by P.L.118-2017, SEC.5.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.