LEO: Disbursement of Loan Funds LE Op. 753


Disbursement of Loan Funds.


February 13, 1986


It is not improper for an attorney to make disbursements from a trust

account in accordance with 6.1-2.10 of the Virginia Code (the Wet

Settlement Act) when said disbursements are based upon deposits of

financial instruments in the forms, and/or issued by entities, listed in

the 1984 amendment to the Wet Settlement Act. [Canon 9; Va. Code 6.1-

2.10, as amended; LE Op. 183]


Committee Opinion February 13, 1986




See also LE Op. 1255.