§1315. Law applicable to board
Members of the board and persons acting on the corporation's behalf, while acting
within the scope of their duties or employment, shall not be subject to any personal liability
resulting from carrying out the powers and duties conferred on them by this Part and shall
have the indemnification rights and shall be deemed covered individuals, as provided in R.S.
13:5108.1, with respect to such actions.
Acts 2007, No. 55, §3, eff. June 18, 2007; Acts 2021, No. 293, §4, eff. June 14, 2021.