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Ind. Code § 23-1.3-7-3

Immune from personal liability

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

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

(1) an action or inaction as an officer in the course of performing the duties of an officer under section 1 of this chapter if the officer performed the duties of the position in compliance with IC 23-1 and this chapter; or

(2) 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.