DeSantis Signs New Bill Into Law Protecting Seniors From Being Exploited

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[Photo Credit: By Gage Skidmore from Surprise, AZ, United States of America - Ron DeSantis, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=121859500]

On Tuesday, Governor Ron DeSantis signed nine bills, one of which is SB 556.

This measure will enable banks to postpone the disbursement of funds if employees suspect that seniors or “vulnerable” adults are being financially exploited.

During this year’s legislative session, supporters argued that the measure was necessary due to the widespread nature of scams that involve seniors withdrawing money from their bank accounts.

The Legislature also determines that certain individuals in this state are statistically more susceptible to financial exploitation, irrespective of diminished capacity or other disabilities, due to their accumulation of substantial assets and wealth in comparison to younger age groups.

The law, which will be implemented on January 1, will permit banks to postpone the disbursement of funds provided that specific procedures are implemented.

[READ MORE: Karl Rove Blasts Biden Campaign for Misconceived Event With Robert DeNiro Outside Trump Courthouse]

1 Comment

  1. Lefties care about those normals late in life, about as much as they care about those at the beginning. Disposable at either end.

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