A broker-dealer or investment adviser that, in good faith and exercising reasonable care, complies with Section 8-6-176 shall be immune from any administrative or civil liability that might otherwise arise from such delay in a disbursement in accordance with this section.
Ala. Code § 8-6-177
Delay of Disbursement - Liability.
Known as the Protection of Vulnerable Adults from Financial Exploitation Act
The act spans §§ 8-6-170 to 8-6-179 (10 sections).
(Act 2016-141, §8.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.