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Louisiana · Through 2025 First Extraordinary Session

RS 12:1-852: Mandatory indemnification

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Where this section sits in the code
  1. TITLE 12. CORPORATIONS AND ASSOCIATIONS

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.

Collected 2026-09-14T04:50:52Z. Source file · JSON

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