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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 16t: Findings, declarations relative to release of certain account information of senior or vulnerable customers.

      Section: 17:16t-4: Immunity from liability for financial institution.

          
4. a. Any financial institution, or officer, employee, or agent thereof, making a disclosure of information pursuant to this act, shall not be liable to the customer under any law or regulation or common law of this State for that disclosure or for any failure to notify the customer of that disclosure.

b. A financial institution, or officer, employee, or agent thereof, which decides in good faith not to disclose information which it is permitted to disclose under this act regarding the account or relationship of a senior or vulnerable customer shall not be liable under any law or regulation or common law of this State for that decision.

L.1998,c.121,s.4.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17:16t-4 (if available):



Court decisions that cite this statute: CLICK HERE.