La. Rev. Stat. § 4:287
Liability of board members
Louisiana · Louisiana Revised Statutes Title 4 — Amusements and Sports · Status: effective
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- Citation
- La. Rev. Stat. § 4:287, Liability of board members, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2633496
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Full text
No member of the board of directors of the corporation shall be liable personally for any indebtedness issued by the corporation or be subject to any personal liability or accountability by reason of the issuance thereof.