Iowa Code § 502.804

Current through bills signed by governor as of 5/17/2024
Section 502.804 - Notification to permissible third party
1. If a broker-dealer, investment adviser, or qualified individual reasonably believes financial exploitation of an eligible adult has occurred, has been attempted, or is being attempted, the broker-dealer, investment adviser, or qualified individual may notify a permissible third party. The administrator may adopt rules regarding the form and manner of the notification under this section.
2. Broker-dealers, investment advisers, and qualified individuals shall not notify a permissible third party the broker-dealer, investment adviser, or qualified individual reasonably suspects of financial exploitation or other abuse of the eligible adult.

Iowa Code § 502.804

Added by 2021 Iowa, ch 137, s 6, eff. 7/1/2021.

Referred to in §502.801, 502.805