Retraction provisions
Term · Insurance and risk management · MLC-T-INS-002934
State statutes that let a publisher or broadcaster limit its liability for a defamatory statement by printing or airing a correction after the injured party demands one. In many states a timely retraction bars or reduces recovery of presumed and punitive damages, leaving the plaintiff to prove actual damages. Time limits and the damages affected differ by state.
| Identifier | MLC-T-INS-002934 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002934",
"term": "Retraction provisions",
"field": "Insurance and risk management",
"definition": "State statutes that let a publisher or broadcaster limit its liability for a defamatory statement by printing or airing a correction after the injured party demands one. In many states a timely retraction bars or reduces recovery of presumed and punitive damages, leaving the plaintiff to prove actual damages. Time limits and the damages affected differ by state.",
"url": "https://mlchart.com/terminology/insurance/retraction-provisions/"
}
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