2011 Louisiana Laws
Revised Statutes
TITLE 40 — Public health and safety
RS 40:600.97 — Liability of directors, officers, or employees of the corporation


LA Rev Stat § 40:600.97 What's This?

§600.97. Liability of directors, officers, or employees of the corporation

The directors, officers, or employees of the corporation, or any other person executing the bonds of the corporation shall not be personally liable on the bonds or be subject to any personal liability or accountability by reason of the issuance, sale, or delivery thereof while acting within the scope of their authority.

Acts 2011, No. 408, §1, eff. July 5, 2011.

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