No duty to beneficiary

Ind. Code § 23-1.3-5-4, under Standard of Conduct for Directors.

Ind. Code § 23-1.3-5-4

Sec. 4. A director does not have a duty to a person that is a beneficiary of the general public benefit purpose or a specific public benefit purpose of a benefit corporation arising from the status of the person as a beneficiary. As added by P.L.93-2015, SEC.3.