Indiana § 30-5-5-6.5 - Definitions
Full text of Indiana Indiana Code § 30-5-5-6.5 — Definitions, with citation guidance and answers to common questions.
§ 30-5-5-6.5. Definitions
Sec. 6.5. (a) The following definitions apply throughout this section:
(1) "Account" means any account that a specified adult may access or use to transact business.
(2) "All other matters" has the meaning set forth in IC 30-5-5-19.
(3) "Financial exploitation" means:
(A) the unlawful or unauthorized taking, withholding, appropriation, or use of a specified adult's funds or securities; or
(B) any:
(i) act;
(ii) omission;
(iii) use of a power of attorney;
(iv) use of a guardianship; or
(v) use of any other legal authority concerning a specified adult;
to obtain control over the specified adult's money, assets, or property or to convert the specified adult's money, assets, or property through use of deception, intimidation, or undue influence.
(4) "Specified adult" means:
(A) a person not less than sixty-five (65) years of age; or
(B) a person who:
(i) is at least eighteen (18) years of age; and
(ii) has a mental or physical impairment that prohibits the person from protecting the person's interests.
(5) "Trusted contact person" means a person who may be contacted about matters concerning a specified adult's account.
(b) Language conferring general authority concerning financial exploitation authorizes the attorney in fact to do one (1) or more of the following:
(1) Serve as the trusted contact person for the principal.
(2) Designate or change the trusted contact person for a specified adult.
(3) Authorize a person described in subdivision (1) or (2) to:
(A) receive notice of financial exploitation; or
(B) act on behalf of a specified adult in response to financial exploitation.
(4) Act to prevent, stop, correct, or remediate account losses incurred as a result of financial exploitation.
(c) A power of attorney that:
(1) is executed before July 1, 2019; and
(2) confers general authority with respect to all other matters;
also confers general authority to address any issues concerning the financial exploitation of an account.
As added by P.L.231-2019, SEC.38.
Frequently Asked Questions About Indiana § 30-5-5-6.5
What does Indiana Code § 30-5-5-6.5 cover?
Section 30-5-5-6.5 ("Definitions") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 30-5-5-6.5?
A common citation format is "Indiana Code § 30-5-5-6.5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 30-5-5-6.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.