An Act amending the act of November 6, 1987 (P.L.381, No.79), known as the Older Adults Protective Services Act, providing for financial institutions.

HB 2064 amends the Older Adults Protective Services Act to update how financial institutions handle accounts for older adults. The bill removes specific language regarding beneficiaries and adjusts numerical limits on account protections from fifteen to seven. These changes directly affect banks and other financial entities by modifying the rules they must follow when managing funds for elderly clients.