Del. Code tit. 24 § 2929

Current through 2024 Legislative Session Act Chapter 269
Section 2929 - Financial information

Licensees do not have a duty to conduct an independent investigation of the customer's or client's financial condition and do not have a duty to independently verify the accuracy or completeness of financial statements made by the customer or client or any independent inspector, auditor, or lender, but if the licensee has actual knowledge of false financial information, the licensee shall advise the party to correct it and shall not pass on the information known to be false.

24 Del. C. § 2929

75 Del. Laws, c. 277, § 6; 78 Del. Laws, c. 166, § 1.;