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Ind. Code § 23-1.3-5-3

Immune from personal liability

As added by P.L.93-2015, SEC.3.

Sec. 3. Except as otherwise provided in the bylaws of a benefit corporation, a director is not personally liable for monetary damages for:

(1) any action or inaction in the course of performing the duties of a director under section 1 of this chapter if the director performed the duties in compliance with IC 23-1-35 and this chapter; or

(2) the failure of the benefit corporation to pursue or create general public benefit or a specific public benefit.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.