Utah Statutes
§ 61-1-205 — Immunity for delaying disbursements or transactions.
Utah·Title 61 Securities Division - Real Estate Division·Ch. 61-1 Utah Uniform Securities Act·Part 61-1-2 Protection of Vulnerable Adults from Financial Exploitation Act
A broker-dealer or investment adviser who, in good faith and exercising reasonable care, delays a disbursement or transaction in accordance with Section 61-1-204 is immune from administrative or civil liability that might otherwise arise from the delay.
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Utah § 61-1-205 (Immunity for delaying disbursements or transactions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 159, 2018 General Session
Nearby Sections
15
§ 61-1-1
Fraud unlawful.§ 61-1-10
Registration by qualification.§ 61-1-101
Title.§ 61-1-102
Definitions.§ 61-1-103
Procedure for disclosure.§ 61-1-105
Remedies for employee bringing action.§ 61-1-106
Award for reporter.§ 61-1-13
Definitions.§ 61-1-14
Exemptions.