Report by financial institution of exploitation of elder or adult with disability.

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37-24-57.Report by financial institution of exploitation of elder or adult with disability.

A financial institution, as defined in 31 U.S.C. §5312(a)(2), who voluntarily or mandatorily reports via a suspicious activity report, pursuant to 31 U.S. C. §5318(g), any possible violation of law or regulation constituting exploitation, as defined in subdivision 22-46-1(5), may also report the information contained in the suspicious activity report to state or local law enforcement. A financial institution is immune from any civil or criminal liability that might otherwise result from complying with this section.

Source: SL 2016, ch 120, §26.


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