Financial transactions of vulnerable adults
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
- Stage
- Session ended
- Sponsors
- 2
- Latest action
- Feb 17, 2021
What it does
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 8, TO CHAPTER 1, TITLE 35 SO AS TO AUTHORIZE A BROKER-DEALER, INVESTMENT ADVISER, OR QUALIFIED INDIVIDUAL TO DELAY CERTAIN FINANCIAL TRANSACTIONS IN CASES OF THE SUSPECTED FINANCIAL EXPLOITATION OF A VULNERABLE ADULT, AND TO DEFINE NECESSARY TERMS; TO AMEND SECTION 35-1-607, RELATING TO PUBLIC RECORDS NOT AUTHORIZED FOR PUBLIC EXAMINATION, SO AS TO PROVIDE THAT RECORDS DISCLOSED UNDER ARTICLE 8 ARE NONPUBLIC; AND BY ADDING SECTION 43-35-87 SO AS TO AUTHORIZE FINANCIAL INSTITUTIONS TO DECLINE CERTAIN FINANCIAL TRANSACTION REQUESTS IN CASES OF THE SUSPECTED FINANCIAL EXPLOITATION OF A VULNERABLE ADULT, AND TO DEFINE…
Where it stands
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
Introduced (Done)
Committee (Current step)
Floor (Needs attention)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money in South Carolina.