2021 Senate Bill 315

Senate Roll Call 350: Passed

To allow brokers and investment advisors who suspect that financial exploitation is being committed against a client or customer to delay the disbursement of funds from the account of an individual age 65 or older, or one who may have cognitive impairments. The bill would require notice be given to any others on the account. The delay would ordinarily expire in 15 days but could be extended to up to 40 days.

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