A broker-dealer or investment adviser that, in exercising reasonable care, complies with Section 5 [58-13D-5 NMSA 1978] of the Protecting Vulnerable Adults from Financial Exploitation Act and has completed the training required pursuant to Section 7 [58-13D-7 NMSA 1978] of that act, shall be immune from any administrative or civil liability that might otherwise arise from such delay in a disbursement or transaction in accordance with this section. History: Laws 2017, ch. 106, § 6. ANNOTATIONSEffective dates. — Laws 2017, ch. 106, § 9 made Laws 2017, ch. 106, § 6 effective July 1, 2017.
New Mexico Legal Code