RS 6:291 – Relation and liability of directors and officers to bank and bank holding company stockholders A. Bank and bank holding company officers and directors shall be deemed to stand in a fiduciary relation to their bank or bank holding company and its stockholders and shall discharge the duties of their respective positions in […]
RS 6:292 – Directors or stockholders not participating in unlawful act A director or stockholder shall not be liable for the commission of a prohibited act if he was absent from the meeting of directors or stockholders, as the case may be, at which the action was authorized or if he was present or represented […]
RS 6:293 – Actions against directors and officers of banks and bank holding companies A. No action for damages against any director or officer of a bank or bank holding company for breach of the director’s or officer’s contract with the bank or bank holding company in the capacity of director or officer, or for […]