Court Amends Rule to Allow Credit Unions for IOLTA Accounts - Articles

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Posted by: Katharine Heriges on Oct 4, 2016
The Tennessee Supreme Court will amend Rule 8, RPC 1.15, Rule 9, section 35.2(a) and Rule 43 to allow attorneys to deposit trust funds in federally insured credit unions, according to a court order filed today. The order comes after the Board of Professional Responsibility and the Tennessee Bar Foundation petitioned for the ruling in July.