ND SB2322

Adds new section to North Dakota Century Code chapter 10-04 establishing requirements for reporting and preventing financial exploitation of adults age 65 and older or vulnerable adults as defined in existing law.

Requires "qualified individuals" (agents, investment adviser representatives, or compliance/legal personnel at broker-dealers and investment advisers) to notify the Department of Human Services and the commissioner if they reasonably believe financial exploitation of an eligible adult may have occurred, been attempted, or is being attempted.

Authorizes broker-dealers and investment advisers to delay account transactions or disbursements for up to 15 business days (extendable to 25 business days upon agency request) if they reasonably believe the transaction may result in financial exploitation, with written notice required within two days.

Provides immunity from civil or administrative liability for qualified individuals and broker-dealers/investment advisers who act in good faith with reasonable care when disclosing suspected exploitation or delaying transactions under this law.

Requires broker-dealers and investment advisers to provide records relevant to suspected financial exploitation to the Department of Human Services and law enforcement, with such records designated as exempt from public disclosure.