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ABA: The American Bankers Association
Proposed State Law

Louisiana HB 363 (Act 186) Combatting Fraudulent Scams and Elderly Exploitation

Expands protections against elder financial exploitation by explicitly including scams and extending transaction hold periods from 15 to 30 days.

Status: Proposed State: Louisiana Tags: Scams, Transaction Controls, Vulnerable Populations

About the Legislation:

To expand the Elderly Financial Exploitation law (R.S. 6:1371 et seq.) to clearly include fraudulent scams and to extend the ability to delay transactions from 15 to 30 days

Read the Legislation See the Factsheet

State Association Contact

David Boneno, General Counsel

Joe Gendron, Director of Government Relations

Any updates or new legislation should be sent to fraud@aba.com. Any updates or new legislation should be sent to fraud@aba.com.

Our Experts

Jim Hitchcock

Jim Hitchcock

Vice President, Fraud Mitigation

Contact Jim
Paul Benda

Paul Benda

Executive Vice President, Risk, Fraud & Cybersecurity

Contact Paul
Patrick Smith

Patrick Smith

SVP, Fraud Operations

Contact Patrick

Hannah Ibberson

Program Manager, Fraud, Physical & Cyber Security

Contact Hannah