17:16T-4 Immunity from liability for financial institution.
110 words·~1 min read·
/nj/title-17/chapter-16t/17-16t-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
4. a. Any financial institution, or officer, employee, or agent thereof, making a disclosure of information pursuant to this act, shall not be liable to the customer under any law or regulation or common law of this State for that disclosure or for any failure to notify the customer of that disclosure.
b. A financial institution, or officer, employee, or agent thereof, which decides in good faith not to disclose information which it is permitted to disclose under this act regarding the account or relationship of a senior or vulnerable customer shall not be liable under any law or regulation or common law of this State for that decision.
L.1998,c.121,s.4.