Current through Register Vol. 54, No. 44, November 2, 2024
(a) All lawyers who are admitted to practice in the Commonwealth of Pennsylvania and who receive Rule 1.15 Funds with respect to such practice are subject to the requirements of Pa.R.P.C. 1.15.(b) All lawyers who are admitted to practice in the Commonwealth of Pennsylvania and who receive Qualified Funds with respect to such practice must comply with the requirement that Qualified Funds be placed in an IOLTA Account as provided in Pa.R.P.C. 1.15 unless and to the extent an exemption is granted pursuant to Pa.R.P.C. 1.15(n) and Section 81.109 of these regulations.(c) Each lawyer must register his or her IOLTA Account with the Disciplinary Board of the Supreme Court of Pennsylvania annually.The provisions of this §81.102 amended November 21, 2005, effective immediately, 35 Pa.B. 6640; amended June 22, 2009, effective immediately, 39 Pa.B. 3431.