diff --git a/ext/-test-/load/protect/extconf.rb b/ext/-test-/load/protect/extconf.rb
new file mode 100644
index 0000000000..83c080de9c
--- /dev/null
+++ b/ext/-test-/load/protect/extconf.rb
@@ -0,0 +1 @@
+create_makefile('-test-/load/protect')
diff --git a/ext/-test-/load/protect/protect.c b/ext/-test-/load/protect/protect.c
new file mode 100644
index 0000000000..ccfbbb9ea0
--- /dev/null
+++ b/ext/-test-/load/protect/protect.c
@@ -0,0 +1,19 @@
+#include <ruby.h>
+
+static VALUE
+load_protect(int argc, VALUE *argv, VALUE self)
+{
+    int state;
+    VALUE path, wrap;
+    rb_scan_args(argc, argv, "11", &path, &wrap);
+    rb_load_protect(path, RTEST(wrap), &state);
+    if (state) rb_jump_tag(state);
+    return Qnil;
+}
+
+void
+Init_protect(void)
+{
+    VALUE mod = rb_define_module("Bug");
+    rb_define_singleton_method(mod, "load_protect", load_protect, -1);
+}
diff --git a/load.c b/load.c
index 1d3ff23d55..eec5e98947 100644
--- a/load.c
+++ b/load.c
@@ -677,7 +677,7 @@ rb_load_protect(VALUE fname, int wrap, int *pstate)
     }
     POP_TAG();
 
-    if (state != TAG_NONE) state = rb_load_internal0(GET_THREAD(), path, wrap);
+    if (state == TAG_NONE) state = rb_load_internal0(GET_THREAD(), path, wrap);
     if (state != TAG_NONE) *pstate = state;
 }
 
diff --git a/test/-ext-/load/script.rb b/test/-ext-/load/script.rb
new file mode 100644
index 0000000000..4bc2480587
--- /dev/null
+++ b/test/-ext-/load/script.rb
@@ -0,0 +1,2 @@
+# frozen_string_literal: true
+raise "foo"
diff --git a/test/-ext-/load/test_protect.rb b/test/-ext-/load/test_protect.rb
new file mode 100644
index 0000000000..83b179b34c
--- /dev/null
+++ b/test/-ext-/load/test_protect.rb
@@ -0,0 +1,14 @@
+# frozen_string_literal: true
+require 'test/unit'
+require '-test-/load/protect'
+
+class Test_Load_Protect < Test::Unit::TestCase
+  def test_load_protect
+    assert_raise(LoadError) {
+      Bug.load_protect(__dir__+"/nonexistent.rb")
+    }
+    assert_raise_with_message(RuntimeError, "foo") {
+      Bug.load_protect(__dir__+"/script.rb")
+    }
+  end
+end