Louisiana § RS 12:1823 - Standard of conduct for officers

Full text of Louisiana Louisiana Civil Code § RS 12:1823 — Standard of conduct for officers, with citation guidance and answers to common questions.

§ RS 12:1823. Standard of conduct for officers

A.  Each officer of a benefit corporation shall consider the interests and factors described in R.S. 12:1821 in the manner provided in that Section if all of the following applies:

(1)  The officer has discretion to act with respect to the matter.

(2)  It reasonably appears to the officer that the matter may have a material effect on the creation by the benefit corporation of a general public benefit or a specific public benefit identified in the articles of the benefit corporation.

B.  The consideration of interests and factors pursuant to Subsection A of this Section shall not constitute a violation of R.S. 12:91.

C.  An officer shall not be personally liable for monetary damages for either of the following:

(1)  An action or omission as an officer if the officer performed the duties of the position pursuant to R.S. 12:91.

(2)  Failure of the benefit corporation to pursue or create general public benefit or specific public benefit.

D.  An officer shall not have a duty to a person that is a beneficiary of the general public benefit purpose or a specific public benefit purpose of a benefit corporation arising from the status of the person as a beneficiary.

Acts 2012, No. 442, §1.

Source: official Louisiana text · Last verified 2026-08-27

Frequently Asked Questions About Louisiana § RS 12:1823

What does Louisiana Civil Code § RS 12:1823 cover?

Section RS 12:1823 ("Standard of conduct for officers") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Louisiana § RS 12:1823?

A common citation format is "Louisiana Civil Code § RS 12:1823" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Louisiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.

How does Louisiana § RS 12:1823 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.