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Alabama Statutes

§ 8-6-24 — Liability for Acts Done or Omitted in Good Faith Under Rules, Forms, or Orders

Alabama § 8-6-24
JurisdictionAlabama
Title 8Commercial Law and Consumer Protection
Ch. 6Securities
Art. 1General Provisions

This text of Alabama § 8-6-24 (Liability for Acts Done or Omitted in Good Faith Under Rules, Forms, or Orders) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 8-6-24 (2026).

Text

No provision of this article imposing any liability applies to any act done or omitted in good faith in conformity with any rule, form, or order of the Securities Commission, notwithstanding that the rule or form may later be amended or rescinded or be determined by judicial or other authority to be invalid for any reason.

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Legislative History

(Acts 1959, No. 542, p. 1318, §20; Acts 1990, No. 90-527, p. 772, §1.)

Nearby Sections

15
§ 8-1-1
Contracts Restraining Business Void; Exceptions
§ 8-1-100
Consideration for Bidding or Not Bidding at Public Sale Prohibited
§ 8-1-101
Bids on Public Lands Under Agreement to Transfer Same Prohibited
§ 8-1-102
Contracts Violating Sections 8-1-100 and 8-1-101 Void
§ 8-1-103
Selling Improvements on Public Lands by Person Making Same
§ 8-1-120
Definitions
§ 8-1-121
Certain Contracts for Future Delivery Void; Exceptions
§ 8-1-122
Failure to Furnish Statement on Future Delivery Prima Facie Evidence of Illegal Contract
§ 8-1-123
Failure to Deliver After Deposit of Margins Prima Facie Evidence of Void Contract
§ 8-1-124
Contracts for Future Delivery of Cotton Not Made Subject to Federal Statutes Prima Facie Evidence of Void Contract
§ 8-1-125
Making or Assisting in Making Contract for Future Delivery When Actual Delivery Not Intended - Profit Intended to Be Paid in Money on Day of Delivery
§ 8-1-126
Making or Assisting in Making Contract for Future Delivery When Actual Delivery Not Intended - Price Based on Bona Fide Sales on Exchange or Board of Trade Without Making Execution on Exchange or Board of Trade
§ 8-1-127
Futures Contracts Made in Another State
§ 8-1-128
Establishing Office to Engage in Business of “Futures”
§ 8-1-129
Proof of Establishment of Place to Publish Commodities Information Prima Facie Evidence of Guilt
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Bluebook (online)
Alabama § 8-6-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/8-6-24.