Rhode Island General Laws Title 19. Financial Institutions § 19-34-1. Definitions

(1) “Department” means the Rhode Island office of healthy aging.

(2) “Elder adult” means a person who is sixty (60) years of age or older.

(3) “Exploitation” means the fraudulent or otherwise illegal, unauthorized, or improper act or process of an individual, including, but not limited to, a caregiver or fiduciary that uses the resources of an elder adult for monetary or personal benefit, profit, gain, or that results in depriving an elder adult of rightful access to or use of benefits, resources, belongings, or assets by use, undue influence, harassment, duress, deception, false representation or false pretenses, or conduct in violation of § 11-68-2.

(4) “Financial exploitation” means:

(5) “Regulated institution” means any financial institution, credit union, or other insured deposit-taking institution, that is authorized to do business in this state, including one authorized by operation of an interstate banking statute that allowed it original entry.