Relation of directors and officers to corporation and members; liability of officers and directors
- Statute:
- Louisiana §12:226 · Part NP (Louisiana Nonprofit Corporation Law (La. R.S. Title 12 Ch. 2))
- Topic:
- Governance · Fiduciary duty
- Applies to:
- Nonprofit associations
Officers and directors stand in a fiduciary relation to the corporation and its members and must discharge their duties in good faith with the diligence, care, judgment, and skill that ordinarily prudent people would exercise in like positions. PCA §1141.21(B) grafts this standard onto planned-community boards.
📄 Read the official text at legis.la.gov →
How SoShiny helps with Relation of directors and officers to corporation and members; liability of officers and directors
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.
See the feature → Start freeFrequently asked
- What does Louisiana §12:226 require?
- Officers and directors stand in a fiduciary relation to the corporation and its members and must discharge their duties in good faith with the diligence, care, judgment, and skill that ordinarily prudent people would exercise in like positions. PCA §1141.21(B) grafts this standard onto planned-community boards.
- Who does Louisiana §12:226 apply to?
- Louisiana §12:226 applies to Nonprofit associations in Louisiana.
- What happens if our nonprofit corporation doesn't comply with §12:226?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for Louisiana community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of Louisiana §12:226?
- The official text is published by the Louisiana State Legislature at legis.la.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Relation of directors and officers to corporation and members; liability of officers and directors?
- SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →
Not legal advice. This page is a plain-English summary of Louisiana §12:226 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Louisiana-licensed attorney. For the official statutory text, see the link above.
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