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     Idaho Statutes

Idaho Statutes are updated to the website July 1 following the legislative session.

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TITLE 30
CORPORATIONS
CHAPTER 14
UNIFORM SECURITIES ACT (2004)
PART 5.
FRAUD AND LIABILITIES
30-14-507.  Qualified immunity. A broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative is not liable to another broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative for defamation relating to a statement that is contained in a record required by the administrator, or designee of the administrator, the securities and exchange commission or a self-regulatory organization, unless the person knew, or should have known at the time that the statement was made, that it was false in a material respect or the person acted in reckless disregard of the statement’s truth or falsity.

History:
[30-14-507, added 2004, ch. 45, sec. 2, p. 210.]


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