Maine Statutes

§ 32 §16807 — Immunity for delaying disbursements

Maine·Title 32 PROFESSIONS AND OCCUPATIONS·Ch. 135 MAINE UNIFORM SECURITIES ACT
A broker-dealer or investment adviser that in good faith and exercising reasonable care complies with section 16806 is immune from any administrative or civil liability that might otherwise arise from a delay in a disbursement in accordance with section 16806.

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Legislative History

PL 2019, c. 17, §1 (NEW).

Nearby Sections

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