RS 33:7626
62 words·~1 min read·
/la/title-33/33-2784A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 33:7626
§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.