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§ 451.2541 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 451 - Securities, Real Estate, and Debt Managementact 13 of 1935 - Michigan Corporation and Securities Commission (451.1 - 451.4)/
  5. Statute Act 551 of 2008/
  6. Article 5a - Financial Exploitation (451.2531...451.2543)/
  7. § 451.2541
Michigan Legal Code

§ 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