H0515: Protection of Specified Adults
Legislative Summary
Authorizes financial institutions to delay disbursement or transaction from account of individual; requires financial institution to maintain written or electronic record of certain information for specified amount of time; specifies that delay on disbursement or transaction expires within specified timeframe; authorizes financial institution to extend delay; authorizes court of competent jurisdiction to shorten or extend delay; requires financial institutions to take certain actions before placing delay on disbursement or transaction.
Demographic Impact
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