1. Each financial institution shall designate a person or persons to whom an officer or employee of the financial institution must report known or suspected exploitation of an older person or vulnerable person.
2. If an officer or employee reports known or suspected exploitation of an older person or vulnerable person to a designated reporter and, based on such a report or based on his or her own observations or knowledge, the designated reporter knows or has reasonable cause to believe that an older person or vulnerable person has been exploited, the designated reporter shall:
(a) Except as otherwise provided in subsection 3, report the known or suspected exploitation of the older person or vulnerable person to:
(1) The local office of the Aging and Disability Services Division of the Department of Health and Human Services;
(2) A police department or sheriff’s office;
(3) The county’s office for protective services, if one exists in the county where the suspected action occurred; or
(4) A toll-free telephone service designated by the Aging and Disability Services Division of the Department of Health and Human Services; and
(b) Make such a report as soon as reasonably practicable.
3. If the designated reporter knows or has reasonable cause to believe that the exploitation of the older person or vulnerable person involves an act or omission of the Aging and Disability Services Division, another division of the Department of Health and Human Services or a law enforcement agency, the designated reporter shall make the report to an agency other than the one alleged to have committed the act or omission.
4. In accordance with the provisions of subsection 3 of NRS 239A.070, in making a report pursuant to this section, a designated reporter may:
(a) Disclose any facts or information that form the basis of the determination that the designated reporter knows or has reasonable cause to believe that an older person or vulnerable person has been exploited, including, without limitation, the identity of any person believed to be involved in the exploitation of the older person or vulnerable person; and
(b) Provide any financial records or other documentation relating to the exploitation of the older person or vulnerable person.
5. An officer, employee and the designated reporter are entitled to the immunity from liability set forth in NRS 200.5096 for making a report in good faith.
(Added to NRS by 2007, 1489; A 2019, 3499)
Structure Nevada Revised Statutes
Chapter 657 - General Provisions
NRS 657.016 - "Bank," "commercial bank," "banking company" and "banking corporation" defined.
NRS 657.026 - "Commissioner" defined.
NRS 657.035 - "Demand deposits" defined.
NRS 657.037 - "Depository institution" defined.
NRS 657.039 - "Derivative transaction" defined.
NRS 657.040 - "Division of Financial Institutions" defined.
NRS 657.045 - "Insolvency" defined.
NRS 657.055 - "Net earnings" defined.
NRS 657.058 - "Nevada" defined.
NRS 657.064 - "Savings deposit" defined.
NRS 657.070 - "Stockholders’ equity" and "members’ equity" defined.
NRS 657.075 - "Surplus" defined.
NRS 657.085 - "Time deposit" defined.
NRS 657.095 - Applicability of chapters 78, 86 and 92A of NRS.
NRS 657.120 - Fees and charges: Imposition and collection by financial institution; limitations.
NRS 657.130 - Committees to review compliance: Definitions; confidentiality and privilege.
NRS 657.140 - Loan agreements: Certain provisions for recovery prohibited; exceptions.
NRS 657.160 - "Financial institution" defined.
NRS 657.170 - "License" defined.
NRS 657.190 - Suspension or revocation of license to operate or manage: Additional grounds.
NRS 657.200 - Use or change of business name; prohibitions.
NRS 657.230 - "Designated reporter" defined.
NRS 657.240 - "Exploitation" defined.
NRS 657.250 - "Older person" defined.
NRS 657.260 - Reasonable cause to believe" defined.
NRS 657.270 - "Vulnerable person" defined.
NRS 657.280 - Training; reporting to designated reporter.
NRS 657.290 - Designated reporter: Designation; duty to report; immunity.