Standard of Care and Justifiable Reliance

Act 356 of 1965, § 1418, under BANKING CODE OF 1965.

Act 356 of 1965, § 1418

Section 1418. Standard of Care and Justifiable Reliance

Directors and officers of an institution shall be subject to the provisions of 15 Pa.C.S. § 512 (relating to standard of care and justifiable reliance) in the performance of their duties.

(1418 added Oct. 24, 2012, P.L.1336, No.170)