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2004 SESSION

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HB 166 Trust and real estate settlement accounts; rules regarding interest and dividends.

Introduced by: David B. Albo | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Rules of the Supreme Court regarding Interest on Lawyer's Trust Account (IOLTA) and Consumer Real Estate Settlement Protection Act (CRESPA) 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

• 01/14/04  House: Presented & ordered printed, prefiled 01/05/04 047659204  pdf

HISTORY

• 01/14/04  House: Presented & ordered printed, prefiled 01/05/04 047659204
• 01/14/04  House: Referred to Committee for Courts of Justice
• 02/02/04  House: Tabled in Courts of Justice (22-Y 0-N)