Section 21352.

Latest version.

No person shall be liable for making any transfer pursuant to an instrument that is prohibited by this part unless that person has received actual notice of the possible invalidity of the transfer to the disqualified person under Section 21350 prior to making the transfer. A person who receives actual notice of the possible invalidity of a transfer prior to the transfer shall not be held liable for failing to make the transfer unless the validity of the transfer has been conclusively determined by a court.

(Added by Stats. 1993, Ch. 293, Sec. 8. Effective January 1, 1994. Repealed as of January 1, 2014, pursuant to Section 21355.)

                    
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