Rhode Island General Laws Title 19. Financial Institutions § 19-34-2. Reporting suspected financial exploitation of elder adults

(b)(1) If a regulated institution is notified of suspected financial exploitation under subsection (a) of this section or otherwise has reasonable cause to believe that financial exploitation of an elder adult who is an account holder with the regulated institution has occurred, is occurring, or has been attempted, the regulated institution shall assess the suspected financial exploitation and submit a report to the department identifying the name, address and, if known, the age of the elder adult; the name and address of any person responsible for the care of the elder adult; the nature and extent of the facts of the suspected activity; the basis of the reporter's knowledge; and any other relevant information; or any other reporting requirements consistent with the provisions of § 42-66-8.

(2) The regulated institution shall submit the required report no later than the earlier of:

(1) The employees of the regulated institution to make the notification required under subsection (a) of this section; and

(2) The regulated institution to conduct the assessment and submit the report required under subsection (b) of this section.