Sec. 11. (a) Members of a SOFR team and individuals who attend a SOFR team meeting as invitees of the team chairperson: (1) may discuss, among themselves, confidential matters that are before the SOFR team; (2) are bound by all applicable laws concerning the confidentiality of the matters reviewed by the SOFR team; and (3) except as provided in subsection (b), may not be: (A) disciplined; (B) criminally prosecuted; or (C) held administratively or civilly liable; for the sharing or discussion of any confidential matter before the SOFR team during a SOFR team meeting. (b) The immunity described in subsection (a)(3) does not apply to a SOFR team member or a SOFR team invitee who discloses confidential information: (1) with malice; (2) in bad faith; or (3) negligently.
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