LEO: Trust Accounts - Signatory/Out of State  LE Op. 724


Trust Accounts - Signatory/Out of State Office.


September 24, 1985


It is not improper for a licensed Virginia attorney who practices from a

District of Columbia office to maintain a trust account for his Virginia

clients in a bank or savings and loan association in the State of Virginia

if said financial institution agrees to comply with DR:9-103(B)(1).


It is not improper for an attorney to allow a person not licensed to

practice law in the State of Virginia to act as authorized signatory on a

Virginia trust account so long as the licensed Virginia attorney maintains

proper supervision and ultimate responsibility for the trust account. [

DR:9-102, DR:9-103, LE Op. 695]


Committee Opinion September 24, 1985




See also LE Op. 1238.