Liability of directors, officers, or employees of the corporation

Checkout our iOS App for a better way to browser and research.

RS 600.97 - Liability of directors, officers, or employees of the corporation

The directors, officers, or employees of the corporation, or any other person executing the bonds of the corporation shall not be personally liable on the bonds or be subject to any personal liability or accountability by reason of the issuance, sale, or delivery thereof while acting within the scope of their authority.

Acts 2011, No. 408, §1, eff. July 5, 2011.


Download our app to see the most-to-date content.