1. (a) If a qualified individual has reason to believe that financial exploitation of a financially vulnerable adult has occurred, has been attempted, or is being attempted, the qualified individual shall, as required by IC 12-10-3-9 (a):

   1. (1) make a report to the adult protective services unit (as defined in IC 12-10-3-1 ); and
   2. (2) notify the commissioner.

2. (b) After a qualified individual makes a report and provides notification under subsection (a), the qualified individual may, to the extent permitted under federal law, notify any of the following concerning the qualified individual's belief:

   1. (1) An immediate family member of the financially vulnerable adult.
   2. (2) A legal guardian of the financially vulnerable adult.
   3. (3) A conservator of the financially vulnerable adult.
   4. (4) A trustee, cotrustee, or successor trustee of the account of the financially vulnerable adult.
   5. (5) An agent under a power of attorney of the financially vulnerable adult.
   6. (6) Any other person permitted under existing laws, rules, regulations, or customer agreement.

As added by P.L.39-2016, SEC.1. Amended by P.L.158-2017, SEC.9; P.L.47-2025, SEC.10.