If a qualified individual reasonably believes that the financial exploitation of an eligible adult may have occurred, may have been attempted, or is being attempted, then the qualified individual may notify any third party previously designated by the eligible adult or, if such a person has not been designated or cannot be contacted, a reasonably associated individual. Disclosure may not be made to any designated third party that is suspected of the financial exploitation or other abuse of the eligible adult.
S.C. Code Ann. § 35-1-830
Disclosure of financial exploitation to designated third party
Known as the South Carolina Uniform Securities Act
The act spans §§ 35–35 (62 sections).
2021 Act No. 84 (S.425), SECTION 2, eff May 18, 2021.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.