N.M. Stat. § 58-13D-6

Immunity for delaying disbursements or transactions.

Last amended: 2017Year: 2026Length: 68 wordsOfficial source
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.
N.M. Stat. § 58-13D-6: Immunity for delaying disbursements or transactions. | Justis AI