R.S. 22:401

Title; purpose ACTIVE

A. This Subpart may be cited as the "Nonprofit Risk Indemnification Trust Act."

B. The purpose of this Subpart is to authorize the establishment of trust funds for the purpose of indemnifying nonprofit beneficiary organizations and their officers, directors, and agents for financial loss due to the imposition of legal liability, and to regulate the operation of trust funds established under this Section.

Actions

References

None.

Cited by

History

  • enactment Acts 1986, No. 574, §2

Section navigation

Cite R.S. 22:401

Bluebook
La. Rev. Stat. Ann. § 22:401 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-401
BibTeX
@misc{larevstat-22-401,
  title        = {La. Rev. Stat. Ann. § 22:401},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-401},
  note         = {Snapshot 2026-05-22}
}