{"data":{"id":"us-or/ors-59.480","jurisdiction":"us-or","citation":"ORS 59.480","heading":"Definitions for ORS 59.480 to 59.505.","body":"As used in ORS 59.480 to 59.505:\n      (1)(a) “Financial exploitation” means:\n      (A) Wrongfully taking assets, funds or property belonging to or intended for the use of another person;\n      (B) Alarming another person by conveying a threat to wrongfully take or appropriate money or property of the person if the person would reasonably believe that the threat conveyed would be carried out;\n      (C) Misappropriating, misusing or transferring without authorization any money from any account held jointly or singly by another person; or\n      (D) Using the income or assets of another person for purposes other than the support and maintenance of the person without the person’s consent.\n      (b) “Financial exploitation” does not include a transfer of money or property that is made for the purpose of qualifying a person for Medicaid benefits or for any other state or federal assistance program, or the holding and exercise of control over money or property after such a transfer.\n      (2) “Financial institution” has the meaning given that term in ORS 706.008.\n      (3) “Qualified individual” means an individual who is:\n      (a) A salesperson;\n      (b) An investment adviser representative; or\n      (c) A person who serves in a supervisory, compliance or legal capacity for a broker-dealer or state investment adviser, or who is otherwise identified in the written supervisory procedures of a broker-dealer or state investment adviser.\n      (4) “Trust company” has the meaning given that term in ORS 706.008.\n      (5) “Vulnerable person” has the meaning given that term in ORS 124.100.","path":["02 - Business Organizations, Commercial Code","7. Corporations and Partnerships","Chapter 59 — Securities Regulation"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors059.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"d318c395fb8433411dfd6365000444e8a9d168259ed27234c2a3469ed34f6d13","source_id":"us-or","stale":false,"prev":"us-or/ors-59.451","next":"us-or/ors-59.485"},"notice":"GroundRules: Original legal text. Not legal advice."}
