{"id":242705,"date":"2026-08-14T05:05:43","date_gmt":"2026-08-14T10:05:43","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2026\/08\/banks-can-freeze-accounts-starting-this-week-in-good-faith-law"},"modified":"2026-08-14T05:05:43","modified_gmt":"2026-08-14T10:05:43","slug":"banks-can-freeze-accounts-starting-this-week-in-good-faith-law","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2026\/08\/banks-can-freeze-accounts-starting-this-week-in-good-faith-law","title":{"rendered":"Banks can freeze accounts starting this week in \u2018good faith\u2019 law"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/banks-can-freeze-accounts-starting-this-week-in-good-faith-law.jpg\"><\/a><\/p>\n<p>A LAW to protect vulnerable citizens in one US state has gone into effect this week.<\/p>\n<p>Colorado banks and <a href=\"https:\/\/www.the-sun.com\/topic\/banking\/\">credit unions<\/a> can begin freezing suspicious transactions under a new law designed to protect older and vulnerable residents from financial <a href=\"https:\/\/www.the-sun.com\/topic\/scams-and-fraud\/\">scams<\/a>.<\/p>\n<p>The Adults\u2019 Security and Safeguards from Exploitations in Transactions Act, or ASSET Act, came into effect on August 12.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A LAW to protect vulnerable citizens in one US state has gone into effect this week. Colorado banks and credit unions can begin freezing suspicious transactions under a new law designed to protect older and vulnerable residents from financial scams. The Adults\u2019 Security and Safeguards from Exploitations in Transactions Act, or ASSET Act, came into [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,1496,1492],"tags":[],"class_list":["post-242705","post","type-post","status-publish","format-standard","hentry","category-finance","category-law","category-security"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/242705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=242705"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/242705\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=242705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=242705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=242705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}