2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 19. INDIANA UNIFORM SECURITIES ACT
CHAPTER 4.1. Financially Vulnerable Adult
23-19-4.1-6. Suspected financial exploitation of financially vulnerable adult; duty of qualified individual to report and notify commissioner; authorized additional notifications
Sec. 6. (a) If a qualified individual has reason to believe that financial exploitation of a financially vulnerable adult has occurred, has been attempted, or is being attempted, the qualified individual shall, as required by IC 12-10-3-9(a):
(1) make a report to an entity listed in IC 12-10-3-10(a); and
(2) notify the commissioner.
(b) After a qualified individual makes a report and provides notification under subsection (a), the qualified individual may, to the extent permitted under federal law, notify any of the following concerning the qualified individual's belief:
(1) An immediate family member of the financially vulnerable adult.
(2) A legal guardian of the financially vulnerable adult.
(3) A conservator of the financially vulnerable adult.
(4) A trustee, cotrustee, or successor trustee of the account of the financially vulnerable adult.
(5) An agent under a power of attorney of the financially vulnerable adult.
(6) Any other person permitted under existing laws, rules, regulations, or customer agreement.
As added by P.L.39-2016, SEC.1. Amended by P.L.158-2017, SEC.9.
