RS 6:292 — Directors or stockholders not participating in unlawful act
Code Resources
Louisiana Resources
Louisiana Website
Louisiana Governor
Louisiana Legislature
Louisiana Courts
Search this Code
in Google Scholar
on the Web
Google Web Search
MSN Web Search
Yahoo! Web Search
in the News
Google News Search
Google News Archive Search
Yahoo! News Search
in the Blogs
BlawgSearch.com Search
Google Blog Search
Technorati Blog Search
in other Databases
Google Book Search
§292. Directors or stockholders not participating in unlawful act
A director or stockholder shall not be liable for the commission of a prohibited act if he was absent from the meeting of directors or stockholders, as the case may be, at which the action was authorized or if he was present or represented at such meeting and his dissent therefrom was either noted in the minutes of the meeting or filed promptly thereafter with the secretary of the board.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985.