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20 chapters · 460 sections in this title.
SDCL § 51A-19-1 Definitions
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Terms used in this chapter mean: (1) "Account," a contract for the deposit of funds between the depositor and a financial institution, provided: (a) The account is owned by a consenting, senior, or vulnerable adult, whether individually or with one or more other individuals; or (…
SDCL § 51A-19-2 Reasonable belief of exploitation--Authorized actions
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If a financial institution, or an employee of a financial institution, reasonably believes, or has received information from a state agency or a law enforcement agency demonstrating that it is reasonable to believe financial exploitation of a consenting, senior, or vulnerable adu…
SDCL § 51A-19-3 Allegation--No duty to act
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Neither a financial institution, nor an employee of the institution is required to act under § 51A-19-2 when provided with information alleging that financial exploitation may have occurred, may have been attempted, is occurring, or is being attempted, but may use discretion to d…
SDCL § 51A-19-4 Notification of third party permitted--Grounds--Permissible third parties
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A financial institution or an employee of a financial institution may notify any third party reasonably associated with a consenting, senior, or vulnerable adult, if the institution or employee reasonably believes that financial exploitation of the adult may have occurred, may ha…
