(1) A person or entity that complies with the reporting requirements of 37-7-1503 is not subject to civil liability or other legal or equitable relief for reporting the information to the board.
(2) Unless a court of competent jurisdiction finds that a person or entity committed an unlawful act pursuant to 37-7-1513, a person or entity in proper possession of information pursuant to this part is not subject to civil liability or other legal or equitable relief for any of the following acts or omissions:
(a) furnishing information pursuant to 37-7-1502 through 37-7-1506;
(b) receiving, using or relying on, or not using or relying on information received pursuant to 37-7-1502 through 37-7-1506; or
(c) relying on information that was entered into the registry in error, was factually incorrect, or was released by the board to the wrong person or entity.
(3) The immunity provisions of this section do not apply to the board, a state agency, or any political subdivision of the state.