Virginia § 18.2-178.2 Financial exploitation by an agent; penalty

Virginia Statutes

§ 18.2-178.2 — Financial exploitation by an agent; penalty

Virginia § 18.2-178.2

Title 18.2Crimes and Offenses Generally

Ch. 6Crimes Involving Fraud

Art. 3False Pretenses

This text of Virginia § 18.2-178.2 (Financial exploitation by an agent; penalty) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 18.2-178.2 (2026).

Text

A.As used in this section: "Agent" means the same as that term is defined in § 64.2-1600. "Financial exploitation" means the illegal, unauthorized, or fraudulent use, or deprivation of use, of the property of a vulnerable adult with the intention of benefiting someone other than the vulnerable adult. "Power of attorney" means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term "power of attorney" is used. "Principal" means an individual who grants authority to an agent in a power of attorney. "Record" means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. "Vulnerable adult" means the same as that term is defined in § 18.2-

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A. As used in this section:

"Agent" means the same as that term is defined in § 64.2-1600.

"Financial exploitation" means the illegal, unauthorized, or fraudulent use, or deprivation of use, of the property of a vulnerable adult with the intention of benefiting someone other than the vulnerable adult.

"Power of attorney" means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term "power of attorney" is used.

"Principal" means an individual who grants authority to an agent in a power of attorney.

"Record" means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.

"Vulnerable adult" means the same as that term is defined in § 18.2-369.

B. An agent under a power of attorney who knowingly or intentionally engages in financial exploitation of a vulnerable adult who is the principal of that agent is guilty of a Class 1 misdemeanor. A violation of this section shall constitute a separate and distinct offense. If the acts or activities violating this section also violate another provision of law, a prosecution under this section shall not prohibit or bar any prosecution or proceeding under such other provision or the imposition of any penalties provided for thereby.