Delay of Disbursement - Liability.

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  2. Code of Alabama
  3. Commercial Law and Consumer Protection.
  4. Securities.
  5. Protection of Vulnerable Adults From Financial Exploitation Act.
  6. Delay of Disbursement - Liability.

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Section 8-6-177

Delay of disbursement - Liability.

A broker-dealer or investment adviser that, in good faith and exercising reasonable care, complies with Section 8-6-176 shall be immune from any administrative or civil liability that might otherwise arise from such delay in a disbursement in accordance with this section.

(Act 2016-141, §8.)


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