1263 Amendments to the Pennsylvania rules of professional conduct and the Pennsylvania rules of disciplinary enforcement relating to safekeeping property and funds of clients and third persons--mandatory overdraft notification; notice of change in ...
Title 204--JUDICIAL SYSTEM GENERAL PROVISIONS PART V. PROFESSIONAL ETHICS AND CONDUCT [204 PA. CODE CHS. 81 AND 83] Amendments to the Pennsylvania Rules of Professional Conduct and the Pennsylvania Rules of Disciplinary Enforcement Relating to Safekeeping Property and Funds of Clients and Third Persons--Mandatory Overdraft Notification; Notice of Change in Comment Due Date [36 Pa.B. 3807]
[Saturday, July 22, 2006]Notice is hereby given that The Disciplinary Board of the Supreme Court of Pennsylvania previously published a notice of proposed rulemaking in the Pennsylvania Bulletin on June 10, 2006, Vol. 36, No. 23, concerning amending the Pennsylvania Rules of Professional Conduct and the Pennsylvania Rules of Disciplinary Enforcement to include definitions which are intended to make them consistent with the Regulations of the IOLTA Board. Rule 1.15 also provides that all Fiduciary Funds shall be invested in a Trust account or in another investment which satisfies the requirements of the Prudent Investor Rule as set forth in the Pennsylvania Probate, Estates and Fiduciaries Code and this Rule.
Interested persons were invited to submit written comments regarding the proposed amendments to the Office of the Secretary, The Disciplinary Board of the Supreme Court of Pennsylvania, First Floor, Two Lemoyne Drive, Lemoyne, PA 17043, on or before July 3, 2006.
In order to provide interested parties with additional time to submit written comments regarding these proposed amendments, The Disciplinary Board has determined that the period to respond shall be extended to August 10, 2006.
By The Disciplinary Board of the
Supreme Court of PennsylvaniaELAINE M. BIXLER,
Secretary[Pa.B. Doc. No. 06-1263. Filed for public inspection July 21, 2006, 9:00 a.m.]
