Current through 2024 Legislative Session
Section 50-25.2-11.1 - Civil remedy for financial exploitation - Damages - Commencement of action1. A vulnerable adult who has been financially exploited has a cause of action against any perpetrator and may recover damages for that exploitation. The action may be brought in a court of competent jurisdiction by: b. The vulnerable adult's guardian or conservator;c. Any person acting on behalf of the vulnerable adult with the consent of the vulnerable adult; ord. The personal representative of the estate of a deceased victim.2. An action for financial exploitation of a vulnerable adult must be proven by clear and convincing evidence. If financial exploitation is proven, the court shall award to the plaintiff actual damages, reasonable attorney's fees and costs, and reasonable fees for the services of a guardian ad litem if appointed by the court.3. If the financial exploitation of the vulnerable adult by the perpetrator involved oppression, fraud, deception, or actual malice, the court may award exemplary damages in accordance with section 32-03.2-11.4. An action for damages for financial exploitation of a vulnerable adult must be commenced within six years after the plaintiff discovers or, through exercise of reasonable diligence, should have discovered the facts constituting the financial exploitation.Added by S.L. 2017, ch. 342 (SB 2163),§ 2, eff. 8/1/2017.