Improved NC Act provides greater protection for older and disabled adults (attorney)
Submitted by kirksanderslaw on
A new law seeks to protect older and disabled adults in North Carolina from financial abuse. Beginning on December 1, 2013, all financial institutions are encouraged, but not required, to offer disabled adult and older adult customers the opportunity to submit, and periodically update, a list of persons that the disabled adult or older adult customer would like the financial institution to contact in case of suspected financial exploitation of the disabled adult or older adult customer.