2014 Louisiana Laws
Revised Statutes
TITLE 33 - Municipalities and Parishes
RS 33:7626 - Indemnity of directors, officers, agents and employees

LA Rev Stat § 33:7626 What's This?

§7626. Indemnity of directors, officers, agents and employees

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.

Acts 1972, No. 553, §21.

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