Common Contracts
1 similar Trust Account Overdraft Notification Agreement contracts
MEMORANDUMTrust Account Overdraft Notification Agreement • October 28th, 2021
Rule 1.15, Minnesota Rules of Professional Conduct (MRPC), is the rule pertaining to lawyer trust accounts. Among other things, it requires lawyers to maintain their client trust accounts only in financial institutions that have signed an agreement to report to this Office “in the event any properly payable instrument is presented against a lawyer trust account containing insufficient funds, irrespective of whether or not the instrument is honored.”
