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Supreme Court Rules

Section/Rule:4- 1.145
Subject: Rule 4 - Rules Governing the Missouri Bar and the Judiciary - Rules of Professional Conduct Publication / Adopted Date:July 1, 2013
Topic:Definitions - Safekeeping Property and IOLTA AccountsRevised / Effective Date:January 1, 2017


4-1.145 DEFINITIONS - SAFEKEEPING PROPERTY AND IOLTA
ACCOUNTS

(a) As used in Rules 4-1.145 to 4-1.155, the following terms mean:
To be an "eligible institution," the foundation also must determine that the institution:
The foundation may establish criteria and procedures by which an exemption under Rule 4-1.145(a)(6) may be obtained.

An exempt account shall be non-interest-bearing, except that such accounts shall be interest-bearing if funds held for particular clients or matters warrant one or more non-IOLTA trust accounts.
(Adopted Oct. 30, 2012, eff. July 1, 2013. Amended Dec. 14, 2016, eff. Jan. 1, 2017.)