Section 409.605

Title XXVI TRADE AND COMMERCE

Chapter 409

Effective - 28 Aug 2015, 2 histories, see footnote   (history) 

  409.605.  Definitions. — As used in sections 409.600 to 409.630, the following terms shall mean:

  (1)  "Agencies", the department of health and senior services and the commissioner of securities;

  (2)  "Agent", shall have the same meaning as in section 409.1-102;

  (3)  "Broker-dealer", shall have the same meaning as in section 409.1-102;

  (4)  "Financial exploitation", the wrongful or unauthorized taking, withholding, appropriation, or use of money, real property, or personal property of a qualified adult;

  (5)  "Immediate family member", a spouse, child, parent, or sibling of a qualified adult;

  (6)  "Qualified adult":

  (a)  A person sixty years of age or older; or

  (b)  A person who:

  a.  Has a disability as defined in section 192.2005; and

  b.  Is between the ages of eighteen and fifty-nine;

  (7)  "Qualified individual", a person associated with a broker-dealer who serves in a supervisory, compliance, or legal capacity as part of his or her job.

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(L. 2015 S.B. 244)