---
urn: urn:us-la:rs:4:287
citation: "R.S. 4:287"
status: active
breadcrumb: "Title 4 › Chapter 4 › Part VI"
acts_citations:
  - { year: 2025, number: 512, section: 1, effective_date: null, role: enactment }
---

# Liability of board members

No member of the board of directors of the corporation shall be liable personally for any indebtedness issued by the corporation or be subject to any personal liability or accountability by reason of the issuance thereof.