Usufruct
R.S. 45:1315

Law applicable to board ACTIVE

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.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 2007, No. 55, §3, eff. June 18, 2007
  • amendment Acts 2021, No. 293, §4, eff. June 14, 2021

Section navigation

Cite R.S. 45:1315

Bluebook
La. Rev. Stat. Ann. § 45:1315 (2026).
Permalink
https://theusufruct.com/rs/title-45/section-1315
BibTeX
@misc{larevstat-45-1315,
  title        = {La. Rev. Stat. Ann. § 45:1315},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-45/section-1315},
  note         = {Snapshot 2026-05-22}
}