{"data":{"id":"us-mi/mich.-comp.-laws-451.2507","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 451.2507","heading":"Immunity from liability.","body":"Sec. 507.\n\nA 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 administrator, or designee of the administrator, 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.","path":["MI Code","Chapter 451","Act Act-551-of-2008"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-451-2507","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"347ab0d99d84b102d6af528b2c5dc1720e4e2631ee5902f5a7b75c699685b94b","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-451.2506","next":"us-mi/mich.-comp.-laws-451.2508"},"notice":"GroundRules: Original legal text. Not legal advice."}