Delay of Disbursement - Liability

Ala. Code § 8-6-177, under Protection of Vulnerable Adults from Financial Exploitation Act.

Ala. Code § 8-6-177

A broker-dealer or investment adviser that, in good faith and exercising reasonable care, complies with Section 8-6-176 shall be immune from any administrative or civil liability that might otherwise arise from such delay in a disbursement in accordance with this section. (Act 2016-141, §8.)