Sec. 3. Training required
117 words·~1 min read·
/bill/114/s/2216/is/section-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A covered financial institution may provide training regarding the identification and reporting of the suspected exploitation of a senior citizen to each officer or employee of the covered financial institution who— is described in section 2(b)(1)(A); may come into contact with a senior citizen as a regular part of the duties of the officer or employee; or may review or approve the financial documents, records, or transactions of a senior citizen in connection with providing financial services to a senior citizen. The training required under subsection
(a)shall be provided as soon as reasonably practicable but not more than 12 months after the date on which an officer or employee begins employment with the covered financial institution.