For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Liability of broker-dealer or investment adviser.

MCL 451.2541
in effect
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451.2541. Liability of broker-dealer or investment adviser. Sec. 541. A broker-dealer or investment adviser that exercises good faith in an action, determination, omission, or practice under this article is immune from any administrative or civil liability that might otherwise arise from those activities. Add. 2023, Act 306, Eff. Mar. 13, 2024
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-451-2541Fetched: 10/20/2026

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