BY SUBDIVISION THIRTY-FOUR OF SECTION 1.20 OF THE CRIMINAL PROCEDURE LAW
AND ANY PROSECUTOR.
(E) "QUALIFIED INDIVIDUAL" MEANS ANY AGENT, INVESTMENT ADVISER REPRE-
SENTATIVE OR PERSON WHO SERVES IN A SUPERVISORY, COMPLIANCE, LEGAL, OR
SENIOR OR VULNERABLE ADULT PROTECTION CAPACITY FOR A BROKER-DEALER OR
INVESTMENT ADVISER.
2. NOTIFICATION. IF A BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED
INDIVIDUAL REASONABLY BELIEVES FINANCIAL EXPLOITATION OF AN ELIGIBLE
ADULT HAS OCCURRED, HAS BEEN ATTEMPTED, OR IS BEING ATTEMPTED, SUCH
BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED INDIVIDUAL MAY PROMPTLY
NOTIFY THE ADULT PROTECTIVE SERVICES AND/OR LAW ENFORCEMENT.
3. APPLICATION OF TRANSACTION HOLD. (A) IF A BROKER-DEALER, INVEST-
MENT ADVISER, OR QUALIFIED INDIVIDUAL REASONABLY BELIEVES THAT FINANCIAL
EXPLOITATION OF AN ELIGIBLE ADULT MAY HAVE OCCURRED, MAY HAVE BEEN
ATTEMPTED, OR IS BEING ATTEMPTED, THEN SUCH BROKER-DEALER, INVESTMENT
ADVISER, OR QUALIFIED INDIVIDUAL MAY PLACE A TRANSACTION HOLD ON SUCH
TRANSACTION.
(B) A BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED INDIVIDUAL SHALL
HOLD A TRANSACTION IF ADULT PROTECTIVE SERVICES OR A LAW ENFORCEMENT
AGENCY NOTIFIES SUCH BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED
INDIVIDUAL THAT IT REASONABLY BELIEVES THAT THE TRANSACTION IS THE
SUBJECT OF OR RELATED TO FINANCIAL EXPLOITATION OF AN ELIGIBLE ADULT.
(C) A BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED INDIVIDUAL THAT
APPLIES A TRANSACTION HOLD SHALL: (I) PROVIDE NOTICE OF SUCH HOLD, IN
WRITING, TO ALL PARTIES AUTHORIZED TO TRANSACT BUSINESS ON THE ACCOUNT
THAT IS THE SUBJECT OF A TRANSACTION HOLD, AS WELL AS ANY DESIGNATED
THIRD PARTY, NO LATER THAN TWO BUSINESS DAY AFTER THE APPLICATION OF THE
TRANSACTION HOLD; (II) IF THE TRANSACTION HOLD HAS BEEN APPLIED PURSUANT
TO PARAGRAPH (A) OF THIS SUBDIVISION, NO LATER THAN TWO BUSINESS DAYS
AFTER APPLICATION OF THE TRANSACTION HOLD, NOTIFY ADULT PROTECTIVE
SERVICES AND/OR A LAW ENFORCEMENT AGENCY OF THE BELIEF OF FINANCIAL
EXPLOITATION AND THE TRANSACTION HOLD; AND (III) AT THE REQUEST OF ADULT
PROTECTIVE SERVICES OR A LAW ENFORCEMENT AGENCY, PROVIDE ANY INFORMATION
AND DOCUMENTS RELATING TO THE TRANSACTION HOLD WITHIN THREE BUSINESS
DAYS AFTER THE REQUEST FOR SUCH INFORMATION OR DOCUMENTS.
4. DURATION OF TRANSACTION HOLD. A TRANSACTION HOLD SHALL EXPIRE
FIFTEEN BUSINESS DAYS AFTER ITS APPLICATION EXCEPT THAT (I) A TRANS-
ACTION HOLD MAY BE EXTENDED FOR UP TO FORTY ADDITIONAL BUSINESS DAYS IF
THERE IS A CONTINUED REASONABLE BELIEF OF EXPLOITATION, UNLESS SOONER
TERMINATED OR FURTHER EXTENDED BY ADULT PROTECTIVE SERVICES, LAW
ENFORCEMENT, ANY AGENCY OF COMPETENT JURISDICTION OR A COURT OF COMPE-
TENT JURISDICTION; (II) IF A BROKER-DEALER, INVESTMENT ADVISER, OR QUAL-
IFIED INDIVIDUAL NO LONGER REASONABLY BELIEVES THAT A TRANSACTION IS THE
SUBJECT OF OR RELATED TO FINANCIAL EXPLOITATION, IT SHALL RELEASE SUCH
TRANSACTION, PROVIDED THAT ADULT PROTECTIVE SERVICES OR THE LAW ENFORCE-
MENT AGENCY THAT THE BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED
INDIVIDUAL HAS NOTIFIED OF SUCH HOLD PURSUANT TO SUBPARAGRAPH (I) OF
PARAGRAPH (C) OF SUBDIVISION THREE OF THIS SECTION DOES NOT OBJECT.
5. RECORDS. A BROKER-DEALER OR INVESTMENT ADVISER SHALL PROVIDE ACCESS
TO OR COPIES OF RECORDS THAT ARE RELEVANT TO THE SUSPECTED OR ATTEMPTED
FINANCIAL EXPLOITATION OF AN ELIGIBLE ADULT TO ADULT PROTECTIVE
SERVICES, AN AGENCY OF COMPETENT JURISDICTION, AND LAW ENFORCEMENT,
EITHER AS PART OF A NOTIFICATION OR AT THE REQUEST OF ADULT PROTECTIVE
SERVICES, A LAW ENFORCEMENT AGENCY, OR AN AGENCY OF COMPETENT JURISDIC-
TION. ALL RECORDS MADE AVAILABLE TO ADULT PROTECTIVE SERVICES, AN AGENCY
OF COMPETENT JURISDICTION, OR LAW ENFORCEMENT SHALL BE CONSIDERED CONFI-
S. 6379 3
DENTIAL RECORDS AND SHALL NOT BE AVAILABLE FOR EXAMINATION BY THE
PUBLIC.
6. TRAININGS AND WRITTEN PROCEDURES. BEFORE PLACING A DELAY ON A
DISBURSEMENT OR TRANSACTION PURSUANT TO THIS SECTION, A BROKER-DEALER,
INVESTMENT ADVISER, OR QUALIFIED INDIVIDUAL MUST DO ALL OF THE FOLLOW-
ING: (A) DEVELOP TRAINING POLICIES OR PROGRAMS REASONABLY DESIGNED TO
EDUCATE EMPLOYEES WHO PERFORM OR APPROVE TRANSACTIONS ON BEHALF OF
CUSTOMERS ON ISSUES PERTAINING TO FINANCIAL EXPLOITATION OF SPECIFIED
ADULTS; (B) CONDUCT TRAINING FOR EMPLOYEES DESCRIBED IN PARAGRAPH (A) OF
THIS SUBDIVISION AS SOON AS REASONABLY PRACTICABLE AND MAINTAIN A WRIT-
TEN RECORD OF ALL TRAININGS CONDUCTED. WITH RESPECT TO AN INDIVIDUAL
WHO BEGINS EMPLOYMENT WITH COVERED BROKER-DEALER, INVESTMENT ADVISER, OR
QUALIFIED INDIVIDUAL AFTER JULY FIRST, TWO THOUSAND TWENTY-FOUR, SUCH
TRAINING MUST BE CONDUCTED WITHIN ONE YEAR AFTER THE DATE ON WHICH THE
INDIVIDUAL BECOMES EMPLOYED BY OR AFFILIATED OR ASSOCIATED WITH THE
COVERED BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED INDIVIDUAL; AND
(C) DEVELOP, MAINTAIN, AND ENFORCE WRITTEN PROCEDURES REGARDING THE
MANNER IN WHICH SUSPECTED FINANCIAL EXPLOITATION IS REVIEWED INTERNALLY,
INCLUDING, IF APPLICABLE, THE MANNER IN WHICH SUSPECTED FINANCIAL
EXPLOITATION IS REQUIRED TO BE REPORTED TO SUPERVISORY PERSONNEL.
7. IMMUNITY. A BROKER-DEALER, INVESTMENT ADVISER, OR A QUALIFIED INDI-
VIDUAL SHALL BE IMMUNE FROM CIVIL AND ADMINISTRATIVE LIABILITY FOR GOOD
FAITH ACTIONS IN RELATION TO THE APPLICATION OF THIS SECTION.
8. REGULATIONS. THE ATTORNEY GENERAL MAY PROMULGATE REGULATIONS TO
EFFECTUATE THE PURPOSES OF THIS SECTION, INCLUDING SETTING FORTH FACTORS
THAT A BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED INDIVIDUAL MAY
CONSIDER IN DETERMINING WHETHER TO APPLY A TRANSACTION HOLD TO A TRANS-
ACTION PURSUANT TO PARAGRAPH (A) OF SUBDIVISION ONE OF THIS SECTION, THE
FORM AND MANNER OF ANY NOTIFICATION MANDATED BY SUBDIVISION ONE OF THIS
SECTION, AND THE IMPLEMENTATION OF TRAINING PROGRAMS FOR A BROKER-DEAL-
ER, INVESTMENT ADVISER, OR QUALIFIED INDIVIDUAL RELATING TO RECOGNIZING
FINANCIAL EXPLOITATION.
9. COMMUNICATION WITH REPORTERS. NOTWITHSTANDING ANY OTHER LAW TO THE
CONTRARY, ADULT PROTECTIVE SERVICES, LAW ENFORCEMENT OR ANY AGENCY OF
COMPETENT JURISDICTION MAY PROVIDE A GENERAL CASE STATUS OR FINAL DISPO-
SITION TO A BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED INDIVIDUAL
THAT REPORTED SUCH A CASE TO AN AGENCY.
10. ALTERATION OF OBLIGATIONS. ABSENT A REASONABLE BELIEF OF FINAN-
CIAL EXPLOITATION AS PROVIDED IN THIS SECTION, THIS SECTION DOES NOT
OTHERWISE ALTER A BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED INDI-
VIDUAL'S OBLIGATIONS TO ALL PARTIES AUTHORIZED TO TRANSACT BUSINESS ON
AN ACCOUNT AND ANY TRUSTED CONTACT NAMED ON SUCH ACCOUNT.
§ 2. The banking law is amended by adding a new section 4-d to read as
follows:
§ 4-D. PROTECTING ELIGIBLE ADULTS FROM FINANCIAL EXPLOITATION. 1.
DEFINITIONS. AS USED IN THIS SECTION THE FOLLOWING TERMS SHALL HAVE THE
FOLLOWING MEANINGS:
(A) "ADULT PROTECTIVE SERVICES" MEANS THE DIVISION OF THE NEW YORK
CITY HUMAN RESOURCES ADMINISTRATION AND EACH COUNTY AGENCY RESPONSIBLE
FOR PROVIDING ADULT PROTECTIVE SERVICES PURSUANT TO SECTION FOUR HUNDRED
SEVENTY-THREE OF THE SOCIAL SERVICES LAW.
(B) "BANKING INSTITUTION" MEANS ANY BANK, TRUST COMPANY, SAVINGS BANK,
SAVINGS AND LOAN ASSOCIATION, CREDIT UNION OR BRANCH OF A FOREIGN BANK-
ING CORPORATION THAT IS CHARTERED, ORGANIZED OR LICENSED UNDER THE LAWS
OF THIS STATE OR ANY OTHER STATE OR THE UNITED STATES, AND, IN THE ORDI-
NARY COURSE OF BUSINESS OFFERS DEPOSIT ACCOUNTS IN THIS STATE.
S. 6379 4
(C) "FINANCIAL EXPLOITATION" MEANS: (I) THE IMPROPER USE OF AN ELIGI-
BLE ADULT'S FUNDS, PROPERTY, INCOME OR ASSETS; OR (II) ANY ACT OR OMIS-
SION BY A PERSON, INCLUDING THROUGH THE USE OF A POWER OF ATTORNEY,
GUARDIANSHIP OR ANY OTHER AUTHORITY REGARDING AN ELIGIBLE ADULT TO: (A)
OBTAIN CONTROL, THROUGH DECEPTION, INTIMIDATION, THREATS OR UNDUE INFLU-
ENCE OVER THE ELIGIBLE ADULT'S MONEY, ASSETS, INCOME OR PROPERTY; OR
(B) CONVERT THE ELIGIBLE ADULT'S MONEY, ASSETS, INCOME OR PROPERTY.
(D) "LAW ENFORCEMENT AGENCY" MEANS ANY AGENCY, WHICH IS EMPOWERED BY
LAW TO MAKE AN ARREST FOR A FELONY, AND ANY AGENCY WHICH IS AUTHORIZED
BY LAW TO PROSECUTE A FELONY AND INCLUDING ANY POLICE OFFICER AS DEFINED
BY SUBDIVISION THIRTY-FOUR OF SECTION 1.20 OF THE CRIMINAL PROCEDURE LAW
AND ANY PROSECUTOR.
(E) "ELIGIBLE ADULT" MEANS AN INDIVIDUAL WHO IS: SIXTY YEARS OF AGE OR
OLDER; OR AT LEAST THE AGE OF EIGHTEEN AND WHO, BECAUSE OF MENTAL OR
PHYSICAL IMPAIRMENT, IS UNABLE TO MANAGE THEIR OWN RESOURCES OR PROTECT
THEMSELVES FROM FINANCIAL EXPLOITATION WITHOUT ASSISTANCE FROM OTHERS.
2. APPLICATION OF TRANSACTION HOLD. (A) IF A BANKING INSTITUTION OR
AN EMPLOYEE OF A BANKING INSTITUTION REASONABLY BELIEVES THAT A FINAN-
CIAL EXPLOITATION OF AN ELIGIBLE ADULT MAY HAVE OCCURRED, MAY HAVE BEEN
ATTEMPTED, OR IS BEING ATTEMPTED, THEN THE BANKING INSTITUTION MAY PLACE
A TRANSACTION HOLD ON SUCH TRANSACTION.
(B) A BANKING INSTITUTION SHALL APPLY A TRANSACTION HOLD TO A TRANS-
ACTION IF ADULT PROTECTIVE SERVICES OR A LAW ENFORCEMENT AGENCY NOTIFIES
THE BANKING INSTITUTION THAT IT REASONABLY BELIEVES THAT THE TRANSACTION
IS THE SUBJECT OF OR RELATED TO FINANCIAL EXPLOITATION OF AN ELIGIBLE
ADULT.
(C) A BANKING INSTITUTION THAT APPLIES A TRANSACTION HOLD SHALL: (I)
PROVIDE NOTICE OF SUCH HOLD, IN WRITING, TO ALL PARTIES AUTHORIZED TO
TRANSACT BUSINESS ON THE ACCOUNT THAT IS THE SUBJECT OF A TRANSACTION
HOLD, AS WELL ANY DESIGNATED THIRD PARTY, NO LATER THAN TWO BUSINESS
DAYS AFTER THE APPLICATION OF THE TRANSACTION HOLD; (II) IF THE TRANS-
ACTION HOLD HAS BEEN APPLIED PURSUANT TO PARAGRAPH (A) OF THIS SUBDIVI-
SION, NO LATER THAN TWO BUSINESS DAYS AFTER APPLICATION OF THE TRANS-
ACTION HOLD, NOTIFY ADULT PROTECTIVE SERVICES AND/OR A LAW ENFORCEMENT
AGENCY OF THE BELIEF OF FINANCIAL EXPLOITATION AND THE TRANSACTION HOLD;
AND (III) AT THE REQUEST OF ADULT PROTECTIVE SERVICES OR A LAW ENFORCE-
MENT AGENCY, PROVIDE ANY INFORMATION AND DOCUMENTS RELATING TO THE TRAN-
SACTION HOLD WITHIN THREE BUSINESS DAYS AFTER THE REQUEST FOR SUCH
INFORMATION OR DOCUMENTS.
3. TRAININGS AND WRITTEN PROCEDURES. BEFORE PLACING A DELAY ON A
DISBURSEMENT OR TRANSACTION PURSUANT TO THIS SECTION, A FINANCIAL
INSTITUTION MUST DO ALL OF THE FOLLOWING:
(A) DEVELOP TRAINING POLICIES OR PROGRAMS REASONABLY DESIGNED TO
EDUCATE EMPLOYEES WHO PERFORM OR APPROVE TRANSACTIONS ON BEHALF OF
CUSTOMERS ON ISSUES PERTAINING TO FINANCIAL EXPLOITATION OF SPECIFIED
ADULTS.
(B) CONDUCT TRAINING FOR EMPLOYEES DESCRIBED IN PARAGRAPH (A) OF THIS
SUBDIVISION AS SOON AS REASONABLY PRACTICABLE AND MAINTAIN A WRITTEN
RECORD OF ALL TRAININGS CONDUCTED. WITH RESPECT TO AN INDIVIDUAL WHO
BEGINS EMPLOYMENT WITH A COVERED FINANCIAL INSTITUTION AFTER JULY FIRST,
TWO THOUSAND TWENTY-FOUR, SUCH TRAINING MUST BE CONDUCTED WITHIN ONE
YEAR AFTER THE DATE ON WHICH THE INDIVIDUAL BECOMES EMPLOYED BY OR
AFFILIATED OR ASSOCIATED WITH THE COVERED FINANCIAL INSTITUTION.
(C) DEVELOP, MAINTAIN, AND ENFORCE WRITTEN PROCEDURES REGARDING THE
MANNER IN WHICH SUSPECTED FINANCIAL EXPLOITATION IS REVIEWED INTERNALLY,
S. 6379 5
INCLUDING, IF APPLICABLE, THE MANNER IN WHICH SUSPECTED FINANCIAL
EXPLOITATION IS REQUIRED TO BE REPORTED TO SUPERVISORY PERSONNEL.
4. NOTIFICATION. IF A BANKING INSTITUTION REASONABLY BELIEVES FINAN-
CIAL EXPLOITATION OF AN ELIGIBLE ADULT HAS OCCURRED, HAS BEEN ATTEMPTED,
OR IS BEING ATTEMPTED, THE BANKING INSTITUTION MAY PROMPTLY NOTIFY THE
ADULT PROTECTIVE SERVICES AND LAW ENFORCEMENT.
5. DURATION OF TRANSACTION HOLD. A TRANSACTION HOLD SHALL EXPIRE
FIFTEEN BUSINESS DAYS AFTER ITS APPLICATION EXCEPT THAT (I) A TRANS-
ACTION HOLD MAY BE EXTENDED FOR UP TO FORTY ADDITIONAL BUSINESS DAYS
UPON REQUEST IF THERE IS A CONTINUED REASONABLE BELIEF OF EXPLOITATION,
UNLESS SOONER TERMINATED OR FURTHER EXTENDED BY ADULT PROTECTIVE
SERVICES, LAW ENFORCEMENT, ANY AGENCY OF COMPETENT JURISDICTION OR A
COURT OF COMPETENT JURISDICTION; (II) IF A BANKING INSTITUTION NO LONGER
REASONABLY BELIEVES THAT A TRANSACTION IS THE SUBJECT OF OR RELATED TO
FINANCIAL EXPLOITATION, IT SHALL RELEASE SUCH TRANSACTION, PROVIDED THAT
ADULT PROTECTIVE SERVICES OR THE LAW ENFORCEMENT AGENCY THAT THE BANKING
INSTITUTION HAS NOTIFIED OF SUCH HOLD PURSUANT TO SUBPARAGRAPH (I) OF
PARAGRAPH (C) OF SUBDIVISION TWO OF THIS SECTION DOES NOT OBJECT.
6. RECORDS. A BANKING INSTITUTION SHALL PROVIDE ACCESS TO OR COPIES OF
RECORDS THAT ARE RELEVANT TO THE SUSPECTED OR ATTEMPTED FINANCIAL
EXPLOITATION OF AN ELIGIBLE ADULT TO ADULT PROTECTIVE SERVICES, AN AGEN-
CY OF COMPETENT JURISDICTION, AND LAW ENFORCEMENT, EITHER AS PART OF A
NOTIFICATION OR AT THE REQUEST OF ADULT PROTECTIVE SERVICES, A LAW
ENFORCEMENT AGENCY, OR AN AGENCY OF COMPETENT JURISDICTION. ALL RECORDS
MADE AVAILABLE TO ADULT PROTECTIVE SERVICES, AN AGENCY OF COMPETENT
JURISDICTION, OR LAW ENFORCEMENT SHALL BE CONSIDERED CONFIDENTIAL
RECORDS AND SHALL NOT BE AVAILABLE FOR EXAMINATION BY THE PUBLIC.
7. REGULATIONS. THE SUPERINTENDENT MAY PROMULGATE REGULATIONS TO
EFFECTUATE THE PURPOSES OF THIS SECTION, INCLUDING SETTING FORTH FACTORS
THAT A BANKING INSTITUTION MAY CONSIDER IN DETERMINING WHETHER TO APPLY
A TRANSACTION HOLD TO A TRANSACTION PURSUANT TO PARAGRAPH (A) OF SUBDI-
VISION TWO OF THIS SECTION, THE FORM AND MANNER OF ANY NOTIFICATION
MANDATED BY SUBDIVISION TWO OF THIS SECTION, AND THE IMPLEMENTATION OF
TRAINING PROGRAMS FOR BANKING INSTITUTION STAFF RELATING TO RECOGNIZING
FINANCIAL EXPLOITATION.
8. IMMUNITY. A BANKING INSTITUTION OR AN EMPLOYEE OF A BANKING INSTI-
TUTION SHALL BE IMMUNE FROM CIVIL AND ADMINISTRATIVE LIABILITY FOR GOOD
FAITH ACTIONS IN RELATION TO THE APPLICATION OF THIS SECTION.
9. COMMUNICATION WITH REPORTERS. NOTWITHSTANDING ANY OTHER LAW TO THE
CONTRARY, ADULT PROTECTIVE SERVICES, LAW ENFORCEMENT OR ANY AGENCY OF
COMPETENT JURISDICTION MAY PROVIDE A GENERAL CASE STATUS OR FINAL DISPO-
SITION TO A BANKING INSTITUTION THAT REPORTED SUCH A CASE TO AN AGENCY.
10. ABSENT A REASONABLE BELIEF OF FINANCIAL EXPLOITATION AS PROVIDED
IN THIS SECTION, THIS SECTION DOES NOT OTHERWISE ALTER A FINANCIAL
INSTITUTION'S OBLIGATIONS TO ALL PARTIES AUTHORIZED TO TRANSACT BUSINESS
ON AN ACCOUNT AND ANY TRUSTED CONTACT NAMED ON SUCH ACCOUNT.
§ 3. Section 473 of the social services law is amended by adding a new
subdivision 5-a to read as follows:
5-A. WHENEVER A SOCIAL SERVICES OFFICIAL, OR THEIR DESIGNEE AUTHORIZED
OR REQUIRED TO DETERMINE THE NEED FOR, OR TO PROVIDE OR ARRANGE FOR THE
PROVISION OF PROTECTIVE SERVICES TO ADULTS IN ACCORDANCE WITH THE
PROVISIONS OF THIS TITLE HAS A REASON TO BELIEVE THAT FINANCIAL EXPLOI-
TATION OF AN ELIGIBLE ADULT HAS OCCURRED, HAS BEEN ATTEMPTED, OR IS
BEING ATTEMPTED, THE SOCIAL SERVICES OFFICIAL OR THEIR DESIGNEE MUST
REPORT THIS INFORMATION TO THE APPROPRIATE LAW ENFORCEMENT AGENCY AND
NOTIFY ANY BROKER-DEALER, INVESTMENT ADVISER, OR BANKING INSTITUTION
S. 6379 6
INVOLVED IN THE RELEVANT FINANCIAL TRANSACTIONS OF THE NEED TO HOLD A
TRANSACTION.
§ 4. Paragraph (g) of subdivision 6 of section 473 of the social
services law, as added by chapter 395 of the laws of 1995, is amended to
read as follows:
(g) "Financial exploitation" means:
(I) THE improper use of an adult's funds, property, INCOME or
[resources by another individual, including but not limited to, fraud,
false pretenses, embezzlement, conspiracy, forgery, falsifying records,
coerced property transfers or denial of access to assets] ASSETS; OR
(II) ANY ACT OR OMISSION BY A PERSON, INCLUDING THROUGH THE USE OF A
POWER OF ATTORNEY, GUARDIANSHIP OR ANY OTHER AUTHORITY REGARDING AN
ADULT TO: (A) OBTAIN CONTROL, THROUGH DECEPTION, INTIMIDATION, THREATS
OR UNDUE INFLUENCE OVER THE ADULT'S MONEY, ASSETS, INCOME OR PROPERTY;
OR (B) CONVERT THE ADULT'S MONEY, ASSETS, INCOME OR PROPERTY.
§ 5. This act shall take effect on the one hundred eightieth day after
it shall have become a law.
