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ARTICLE · 04 JULY 2006
California´s Elder Abuse Protection Act
Sedgwick Detert Moran & Arnold
On August 29, 2005, Governor Arnold Schwarzenegger signed legislation holding California banks and other financial institutions liable if they fail to report suspicions of financial elder abuse, effective beginning January 1, 2007. The legislation is part of a nationwide trend to increase oversight of our country’s aging population by those who deal with elders.
United StatesGovernment, Public Sector









