Obligations Arising From Particular TransactionsYear 2000 Information Disclosures
Section § 3269
This law section explains definitions related to the "Year 2000 Problem." It describes this problem as any technical issues that might occur in computer systems when the year changes from 1999 to 2000, due to things like using two digits for the year in dates. It also defines terms like "information" as any data or plans addressing Year 2000 issues, "disclosure" as sharing this information freely, and "person" as any individual or entity, including businesses and government bodies.
Section § 3270
This law section provides protection from being sued for damages to anyone who shares information about the Year 2000 Problem (Y2K) or its possible solutions, as long as they don't claim those solutions work for everyone. However, this protection doesn't cover people or companies that are selling these solutions for profit.
Section § 3271
This section explains that Section 3270 does not apply if someone can prove that a statement about the Year 2000 Problem meets these conditions: it was important, false or misleading, and either intentionally misleading, repeated without proper attribution, or made carelessly without checking its truth. Claimants can still use other legal remedies, like court orders, even if Section 3270 isn't applicable.