Section 28-13-11-2 - Right to rely on data and other information; financial statements and dataIn discharging the director's duties, a director is entitled to rely on information, opinions, reports, or statements, including financial statements and other financial data, if prepared or presented by:
(1) at least one (1) officer or employee of the corporation whom the director reasonably believes to be reliable and competent in the matters presented;(2) legal counsel, public accountants, or other persons as to matters the director reasonably believes are within the person's professional or expert competence; or(3) a committee of the board of directors of which the director is not a member if the director reasonably believes the committee merits confidence.As added by P.L. 14-1992, SEC.163.