La. Rev. Stat. § 9:2792.1.1
Limitation of liability of trustee and officer of special charitable trust
Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective
Cite this
- Citation
- La. Rev. Stat. § 9:2792.1.1, Limitation of liability of trustee and officer of special charitable trust, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2646865
- Permanent ID
ys:prov:2646865@1- SHA-256
42105c03f58d311eb26821ac834f4fbf3071f098192a26188903e838bedbdd3d
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
A person who serves as a trustee or officer of a special charitable trust qualified as a tax-exempt organization under Section 501(c) of the Internal Revenue Code of 1986, as amended, and who is compensated for such services shall not be individually liable for any act or omission resulting in damage or injury, arising out of the exercise of his judgment in the formation and implementation of policy while acting as a trustee or officer of the special charitable trust, or arising out of the management of the affairs of the special charitable trust, provided that the person was acting in good faith and within the scope of his official functions and duties, unless such damage or injury was caused by his willful or wanton misconduct.