SAFE HARBOR
safe harbor. 1. An area or means of protection. 2. A provision (as in a statute or regulation)
that affords protection from liability or penalty. • SEC regulations, for example, provide a safe
harbor for an issuer’s business forecasts that are made in good faith. — Also termed safe-harbor
clause; safe-harbor provision. [Cases: Securities Regulation 60.27(5). C.J.S. Securities
Regulation § 192.] [Blacks Law 8th]