Exploitation of Vulnerable Adults (NASAA Model Act, 2016)

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What this video covers

  • How "eligible adult," "qualified individual," and "financial exploitation" are defined under the NASAA Model Act, and why power of attorney does not authorize theft
  • The exact trigger for action: "reasonable belief" that exploitation is occurring, may have occurred, or is being attempted, with no hard proof required
  • The mandatory duty to report to both Adult Protective Services (APS) and the Administrator, and why notifying only one agency is a wrong answer
  • The permissive powers: when a firm may delay a disbursement or notify a previously designated third party, and why you never tip off the suspect
  • The disbursement delay timeline: 2 business days for notice, 7 business days for review findings, 15 business days standard maximum, 25 business days at agency request
  • Why all timeline numbers are business days, not calendar days, and how the exam baits you with calendar-day traps
  • How good faith plus reasonable care grants immunity from administrative, civil, and failure-to-notify-customer liability

Read the full lesson, free

This video's complete written lesson is free to read in the CertFuel app, no signup wall. When you're ready to drill the topic, the full Series 63 course adds adaptive practice questions and spaced-repetition flashcards.

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