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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) If a qualified individual, while acting within the scope of employment, reasonably believes that financial exploitation of an eligible adult may have occurred, been attempted, or may be or is being attempted, a qualified individual may notify any third party previously designated by or reasonably associated with the eligible adult. Disclosure may not be made to any designated third party that is suspected of financial exploitation or other abuse of the eligible adult.
(2) Notwithstanding the provisions of subsection (1) of this section, if the qualified individual is also a person listed in section 18-6.5-108(1)(b) and the qualified individual has made a report to law enforcement as required by section 18-6.5-108(1), the report required by subsection (1) of this section does not have to be filed with the commissioner.
(3) A qualified individual who, in good faith and exercising reasonable care, complies with this section is immune from any administrative or civil liability that might otherwise arise from the disclosure.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 11. Financial Institutions § 11-51-1004. Third-party disclosures--immunity - last updated January 01, 2025 | https://codes.findlaw.com/co/title-11-financial-institutions/co-rev-st-sect-11-51-1004/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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