As used in ORS 59.480 to 59.505: (1)(a) Financial exploitation means: (A) Wrongfully taking assets, funds or property belonging to or intended for the use of another person; (B) Alarming another person by conveying a threat to wrongfully take or appropriate money or property of the person if the person would reasonably believe that the threat conveyed would be carried out; (C) Misappropriating, misusing or transferring without authorization any money from any account held jointly or singly by another person; or (D) Using the income or assets of another person for purposes other than the support and maintenance of the person without the persons consent. (b) Financial exploitation does not include a transfer of money or property that is made for the purpose of qualifying a person for Medicaid benefits or for any other state or federal assistance program, or the holding and exercise of control over money or property after such a transfer. (2) Financial institution has the meaning given that term in ORS 706.008. (3) Qualified individual means an individual who is: (a) A salesperson; (b) An investment adviser representative; or (c) A person who serves in a supervisory, compliance or legal capacity for a broker-dealer or state investment adviser, or who is otherwise identified in the written supervisory procedures of a broker-dealer or state investment adviser. (4) Trust company has the meaning given that term in ORS 706.008. (5) Vulnerable person has the meaning given that term in ORS 124.100.
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