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.
R.S. 47:8026 active rs title
Indemnity of directors, officers, agents and employees ACTIVE
Actions
References
None.
Cited by
History
- enactment Acts 1988, No. 996, §1