Oregon § 59.500 Limitation on liability

Oregon Statutes

§ 59.500 — Limitation on liability

Oregon § 59.500

Vol.2

Title 7Corporations and Partnerships

Ch. 59Securities Regulation

This text of Oregon § 59.500 (Limitation on liability) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 59.500 (2026).

Text

Qualified individuals, broker-dealers and state investment advisers are not liable under state law for the following actions, if performed in good faith, with reasonable cause and with the exercise of reasonable care:

(1)Disclosing information under ORS 59.485, 59.490 or 59.505;

(2)Failing to notify a vulnerable person of a disclosure of information under ORS 59.485, 59.490 or 59.505; or

(3)Delaying a disbursement under ORS 59.495.

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Qualified individuals, broker-dealers and state investment advisers are not liable under state law for the following actions, if performed in good faith, with reasonable cause and with the exercise of reasonable care:
(1) Disclosing information under ORS 59.485, 59.490 or 59.505;
(2) Failing to notify a vulnerable person of a disclosure of information under ORS 59.485, 59.490 or 59.505; or
(3) Delaying a disbursement under ORS 59.495.