Sec. 2. (a) This chapter shall be liberally construed and applied to protect senior consumers.

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Terms Used In Indiana Code 24-4.6-6-2

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
     (b) The purposes and policies of this chapter are to:

(1) simplify, clarify, and modernize the law concerning the ownership, control, and use of property or assets of senior consumers; and

(2) protect senior consumers from financial exploitation from persons, who by deception or intimidation, obtain control over the property or assets of a senior consumer.

As added by P.L.250-2013, SEC.1.

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