A special charitable trust may be subject to indemnification, reimbursement claims, assumption of obligations, and liabilities of another entity to incentivize donations or contributions to the special charitable trust. This provision shall be broadly construed.
La. R.S. 9:2350.1
Indemnification of third party by special charitable trust
Acts 2024, No. 274, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.