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Louisiana Revised Statutes Tit. 45, § 1315. Law applicable to board

Current as of January 01, 2023 | Updated by Findlaw Staff

Members of the board and persons acting on the corporation's behalf, while acting within the scope of their duties or employment, shall not be subject to any personal liability resulting from carrying out the powers and duties conferred on them by this Part and shall have the indemnification rights and shall be deemed covered individuals, as provided in R.S. 13:5108.1, with respect to such actions.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 45, § 1315. Law applicable to board - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-45-sect-1315/

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