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2003 SESSION
HB 1515 Rules of the Supreme Court regarding IOLTA and CRESPA accounts.
Introduced by: David B. Albo | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Rules of the Supreme Court regarding IOLTA (Interest on Lawyer's Trust Account) and CRESPA (Consumer Real Estate Settlement Protection Act) accounts. Requires the Court to prescribe rules allowing attorneys or law firms to designate charities to which the interest or dividends from IOLTA and CRESPA accounts shall be paid according to the same procedures and requirements established for the transmission of interest or dividends to the Legal Services Corporation of Virginia.
FULL TEXT
HISTORY
- 01/08/03 House: Presented & ordered printed, prefiled 12/19/02 030750604
- 01/08/03 House: Referred to Committee for Courts of Justice
- 01/08/03 House: Tabled in Courts of Justice (22-Y 0-N)