The Elder Victims Restitution Fund, referred to in this section as "the fund," is established for the purpose of compensating elder victims of financial crimes. [2011, c. 241, §3(NEW).]
1.Definition. As used in this section, unless the context otherwise indicates, the term "elder victim" means a victim of a crime who is 65 years of age or older. [2011, c. 241, §3(NEW).]
2.Administration. The Victim Services Coordinator under section 1214 shall administer the fund. All administrative costs of the fund must be absorbed by the department. [2011, c. 241, §3(NEW).]
3.Funding. Money collected pursuant to Title 18-C, section 2-105 must be deposited into the fund. [2017, c. 402, Pt. C, §92(AMD); 2019, c. 417, Pt. B, §14(AFF).]
4.Use. The fund may be used for the payment of claims of elder victims of financial crimes who are entitled to receive restitution from offenders as a result of the sentences for the crimes in cases in which those offenders are not meeting their restitution obligations. [2011, c. 241, §3(NEW).]
5.Rules. The commissioner may adopt rules, which are routine technical rules pursuant to Title 5, chapter 375, subchapter 2-A, to carry out the purposes of this section. [2011, c. 241, §3(NEW).]
Amended by 2019, c. 417,§ B-14, eff. 6/20/2019.Amended by 2018, c. 402,§ C-92, eff. 7/1/2019.Added by 2011, c. 241,§ 3, eff. 9/28/2011.