---
urn: urn:us-la:rs:33:7626
citation: "R.S. 33:7626"
status: active
breadcrumb: "Title 33 › Chapter 21"
acts_citations:
  - { year: 1972, number: 553, section: 21, effective_date: null, role: enactment }
---

# Indemnity of directors, officers, agents and employees

A corporation shall indemnify and hold harmless any director, officer, agent or employee against any liability or loss arising from the carrying out of the powers set forth in this chapter other than liability of loss resulting from his own acts of gross negligence or willful misconduct.