Texas Finance Code

§ 281.001 — DEFINITIONS

FI § 281.001Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES · Ch. 281. PROTECTION OF VULNERABLE ADULTS FROM FINANCIAL EXPLOITATION

Statute text

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In this chapter:

(1)"Department" means the Department of Family and Protective Services.

(2)"Exploitation" means the act of forcing, compelling, or exerting undue influence over a person causing the person to act in a way that is inconsistent with the person's relevant past behavior or causing the person to perform services for the benefit of another person.

(3)"Financial exploitation" means:

(A)the wrongful or unauthorized taking, withholding, appropriation, or use of the money, assets, or other property or the identifying information of a person; or

(B)an act or omission by a person, including through the use of a power of attorney on behalf of, or as the conservator or guardian of, another person, to:

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Legislative history

Acts 2021, 87th Leg., R.S., Ch. 502 (H.B. 4477), Sec. 1, eff. September 1, 2021.