Sec. 4. (a) Except as provided in subsection (b), the
validity of corporate action may not be challenged on the ground that
the corporation lacks or lacked power to act.
(b) A corporation's power to act may be challenged in a proceeding
against the corporation for a declaratory judgment or to enjoin an act
where a third party has not acquired rights. The proceeding may be
brought by the attorney general or a director.
As added by P.L.179-1991, SEC.1.
IC 23-17-5Chapter 5. Repealed Repealed by P.L.118-2017, SEC.88.
IC 23-17-6Chapter 6. Repealed Repealed by P.L.118-2017, SEC.89.
IC 23-17-7Chapter 7. Members; Admission; Types of Memberships; Rights
and Duties
23-17-7-1Criteria or procedures for admission; consent 23-17-7-4Rights and duties; membership classes 23-17-7-6Liability for acts or debts of corporation 23-17-7-7Liability for obligations; transferee's liability 23-17-7-8Creditor's proceedings; liability of members;
prerequisites; intervention and joinder 23-17-7-9Advancements or loans to corporation; return or
repayment
Notes of Decisions
Richard Doermer v. Kathryn Callen, 847 F.3d 522 (7th Cir. 2017).
“Second, Indiana Code § 23-17-4-4(b) provides that a “corporation’s power to act may be challenged in a proceeding against the corporation for a declaratory judgment or to enjoin an act where a third party has not acquired rights.”
City of East Chicago v. East Chicago Second Century, Inc., 878 N.E.2d 358 (Ind. Ct. App. 2007).
· cites it 4× “Ind.Code § 23-17-4-4(b) provides: "A [nonprofit] corporation's power to act may be challenged in a proceeding against the corporation for a declaratory judgment or to enjoin an act where a third party has not acquired rights.”
Conroad Assocs.. L.P. v. Castleton Corner Owners Ass'n, Inc. (S.D. Ind. 2023).
· cites it 4× “" Indiana Code § 23-17-4-4 provides that "(a) [e]xcept as provided in subsection (b), the validity of corporate action may not be challenged on the ground that the corporation lacks or lacked power to act.”
Martindale Brightwood CDC Ex Rel. DeWalt v. Gore, 878 N.E.2d 1280 (Ind. Ct. App. 2008).
· cites it 4× “Indiana Code section 23-17-4-4(b) provides: “A corporation’s power to act may be challenged in a proceeding against the corporation for a declaratory judgment or to enjoin an act where a third party has not acquired rights.”
Ind. Code § 23-17-4-4(b): 4 cases
Richard Doermer v. Kathryn Callen, 847 F.3d 522 (7th Cir. 2017).
“Second, Indiana Code § 23-17-4-4(b) provides that a “corporation’s power to act may be challenged in a proceeding against the corporation for a declaratory judgment or to enjoin an act where a third party has not acquired rights.”
City of East Chicago v. East Chicago Second Century, Inc., 878 N.E.2d 358 (Ind. Ct. App. 2007).
“Ind.Code § 23-17-4-4(b) provides: "A [nonprofit] corporation's power to act may be challenged in a proceeding against the corporation for a declaratory judgment or to enjoin an act where a third party has not acquired rights.”
Martindale Brightwood CDC Ex Rel. DeWalt v. Gore, 878 N.E.2d 1280 (Ind. Ct. App. 2008).
“Indiana Code section 23-17-4-4(b) provides: “A corporation’s power to act may be challenged in a proceeding against the corporation for a declaratory judgment or to enjoin an act where a third party has not acquired rights.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.