Ala. Code § 8-6-177

Current through the 2024 Regular Session.
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.

Ala. Code § 8-6-177 (1975)

Added by Act 2016-141,§ 8, eff. 7/1/2016.