Judges and Legislators Have Absolute Official Immunity for Common Law

question 42

True/False

Judges and legislators have absolute official immunity for common law torts committed in the course of their employment.

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Definitions:

Registered Security

A financial security whose owner is registered with the issuing company, ensuring the owner's claim to future dividends or proceeds from sales.

Rule 147

A regulation under the U.S. Securities Act of 1933 that provides a safe harbor for the intrastate offering of securities, exempting them from federal registration requirements.

Intrastate Exemption

Intrastate exemption refers to regulatory permissions allowing companies to conduct business strictly within one state, exempting them from certain federal regulations.

SEC

The U.S. Securities and Exchange Commission, an agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.