La. Rev. Stat. § 9:2792.1.1
This is the official text of La. Rev. Stat. § 9:2792.1.1, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Limitation of liability of trustee and officer of special charitable trust
Official statutory 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.
Acts 2024, No. 274, §1, eff. May 23, 2024.
Acts 2024, No. 274, §1, eff. May 23, 2024.
Status: in_force · Read it on the official government site
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