Idaho Code § 30-14-507

Current through Chapter 330 of the 2024 Regular Legislative Session
Section 30-14-507 - QUALIFIED IMMUNITY

A broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative is not liable to another broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative for defamation relating to a statement that is contained in a record required by the administrator, or designee of the administrator, the securities and exchange commission or a self-regulatory organization, unless the person knew, or should have known at the time that the statement was made, that it was false in a material respect or the person acted in reckless disregard of the statement's truth or falsity.

Idaho Code § 30-14-507

[30-14-507, added 2004, ch. 45, sec. 2, p. 210.]