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Code · Michigan · Chapter 451 — Securities, Real Estate, and Debt Management

451.2541 Liability of broker-dealer or investment adviser.

53 words·~1 min read·/mi/chapter-451/451-2541

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451.2541 Liability of broker-dealer or investment adviser.
Sec. 541.
A broker-dealer or investment adviser that exercises good faith in an action, determination, omission, or practice under this article is immune from any administrative or civil liability that might otherwise arise from those activities.
History: Add. 2023, Act 306 , Eff. Mar. 13, 2024
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