The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
005
:
FRAUD AND LIABILITIES
(Cite as: 9 V.S.A. § 5507)
-
§ 5507. Qualified immunity
A broker-dealer, agent, investment adviser, federal covered investment adviser, or
investment adviser representative is not liable to another broker-dealer, agent, investment
adviser, federal covered investment adviser, or investment adviser representative
for defamation relating to a statement that is contained in a record required by the
Commissioner, or designee of the Commissioner, the Securities and Exchange Commission,
or a self-regulatory organization, unless the person knew, or should have known at
the time that the statement was made, that it was false in a material respect or the
person acted in reckless disregard of the statement’s truth or falsity. (Added 2005, No. 11, § 1, eff. July 1, 2006.)