Pennsylvania Code (Last Updated: April 5, 2016) |
Title 204. JUDICIAL SYSTEM GENERAL PROVISIONS |
PART V. PROFESSIONAL ETHICS AND CONDUCT |
Subpart C. DISCIPLINARY BOARD OF THE SUPREME COURT OF PENNSYLVANIA |
Chapter 91. MISCELLANEOUS MATTERS |
SubChapter H. FUNDS OF CLIENTS AND THIRD PERSONS; MANDATORY OVERDRAFT NOTIFICATION |
Section 91.175. Fiduciary accounts
Latest version.
-
(a) Identification. Enforcement Rule 221(d) provides that the responsibility for identifying an account as a Trust Account shall be that of the attorney in whose name the account is held.
(b) Service charge. Enforcement Rule 221(m) provides that an Eligible Institution shall be free to impose a reasonable service charge upon the attorney in whose name the account is held for the filing of the report required by this subchapter.
The provisions of this § 91.175 amended August 5, 2005, effective immediately, 35 Pa.B. 4301; amended May 29, 2009, effective May 30, 2009, 39 Pa.B. 2687. Immediately preceding text appears at serial page (326995).