IC 30-5-5-6.5 Definitions

• Library: Indiana Statutes
• Edition: 2023
• Currency: Current through P.L. 255-2023
• Year: 2023
• Citation: IC 30-5-5-6.5

(a) The following definitions apply throughout this section:

(1) "Account" means any account that a specified adult may access or use to transact business.

(2) "All other matters" has the meaning set forth in IC 30-5-5-19.

(3) "Financial exploitation" means:

(A) the unlawful or unauthorized taking, withholding, appropriation, or use of a specified adult's funds or securities; or

(B) any:

(i) act;

(ii) omission;

(iii) use of a power of attorney;

(iv) use of a guardianship; or

(v) use of any other legal authority concerning a specified adult;

to obtain control over the specified adult's money, assets, or property or to convert the specified adult's money, assets, or property through use of deception, intimidation, or undue influence.

(4) "Specified adult" means:

(A) a person not less than sixty-five (65) years of age; or

(B) a person who:

(i) is at least eighteen (18) years of age; and

(ii) has a mental or physical impairment that prohibits the person from protecting the person's interests.

(5) "Trusted contact person" means a person who may be contacted about matters concerning a specified adult's account.