La. Corporations and Associations § 12:1-852
Current with changes from the 2024 Legislative Session
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.
La. Corporations and Associations § 12:1-852