Limit on Actions

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Sec. 1. A person may not, except in a benefit enforcement proceeding, bring an action or assert a claim against a benefit corporation or its directors or officers with respect to either of the following:

(1) The failure to pursue or create:

(A) general public benefit; or

(B) a specific public benefit identified in the benefit corporation's articles of incorporation.

(2) A violation of an obligation, duty, or standard of conduct under this article.

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


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