Good Faith Payment or Delivery of Property

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Sec. 27. In this chapter, payment or delivery of property is made in good faith if a holder:

(1) had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the attorney general under this chapter; or

(2) made payment or delivery:

(A) in response to a demand by the attorney general or the attorney general's agent; or

(B) under a guidance or ruling issued by the attorney general which the holder reasonably believed required or permitted the property to be paid or delivered.

As added by P.L.141-2021, SEC.20.


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