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Utah Code § 7-26-302

Permitted notifications

Utah · Utah Code Title 7 — Financial Institutions Act · Status: effective

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Utah Code § 7-26-302, Permitted notifications, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2324643
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(1) A covered financial institution may notify a law enforcement agency or Adult Protective Services if a qualified individual believes that the financial exploitation of a vulnerable adult is occurring, has or may have occurred, is being attempted, or has been or may have been attempted. (2) A covered financial institution may notify a third party associated with a vulnerable adult if a qualified individual believes that the financial exploitation of the vulnerable adult is occurring, has or may have occurred, is being attempted, or has been or may have been attempted. (3) A covered financial institution may choose not to notify a third party associated with a vulnerable adult as described in Subsection (2), if a qualified individual reasonably believes that the third party is, may be, or may have been engaged in the financial exploitation of the vulnerable adult.