Louisiana Statutes
§ 12:1-852 — Mandatory indemnification
Louisiana·Title 12 Conservation of Cultural Resources
A corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the director was a party because he or she was a director of the corporation against expenses incurred by the director in connection with the proceeding.
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Legislative History
Acts 2014, No. 328, §1, eff. Jan. 1, 2015.
Nearby Sections
15
§ 12:1
§ 12:1§ 12:1-1001
§ 12:1-1001§ 12:1-1002
Amendment before issuance of shares§ 12:1-1004
Voting on amendments by voting groups§ 12:1-1005
Amendment by board of directors§ 12:1-1006
Articles of amendment§ 12:1-1007
Restated articles of incorporation§ 12:1-1008
Amendment pursuant to reorganization§ 12:1-1009
Effect of amendment§ 12:1-101
§ 12:1-101§ 12:1-102
Reservation of power to amend or repeal§ 12:1-1020
§ 12:1-1020