(a) Except for an action involving fraud, conspiracy, or malice, a podiatric peer review committee is immune from liability and may not be subject to a suit for damages for any act arising from the performance of the committee's duties in:
(1) investigating a disagreement or complaint;
(2) holding a hearing to determine facts; or
(3) making an evaluation, recommendation, decision, or award involving:
(A) a podiatrist who is a member of the podiatric medical society or association; or
(B) another podiatrist, podiatric patient, or third party who requests the services of the committee.
(b) A person, including a health care entity or podiatric peer review committee, that participates in podiatric peer review activity or furnishes records, information, or assistance to a podiatric peer review committee or to the department is immune from civil liability arising from those acts if the person acted in good faith and without malice.