Limitation on liability

ORS 59.500

ORS 59.500

Qualified individuals, broker-dealers and state investment advisers are not liable under state law for the following actions, if performed in good faith, with reasonable cause and with the exercise of reasonable care:

(1) Disclosing information under ORS 59.485, 59.490 or 59.505;

(2) Failing to notify a vulnerable person of a disclosure of information under ORS 59.485, 59.490 or 59.505; or

(3) Delaying a disbursement under ORS 59.495. [2017 c.514 §6]