OPINION NO. 12

TRUST ACCOUNT SIGNATORIES

Repealed:  January 26, 2006

Every lawyer engaged in the private practice of law shall by appropriate direction provide that every check, draft, or other withdrawal instrument drawn against a law firm trust account, or other similar or separate account maintained by a lawyer or law firm for the deposit of client funds and property, shall be signed by at least one lawyer associated with the lawyer or law firm.

Every lawyer engaged in the private practice of law shall by appropriate direction provide that no withdrawal from a law firm trust account or other similar separate account maintained for the deposit of client funds and property shall be made except at the direction of at least one lawyer associated with the lawyer or law firm.

Adopted: May 6, 1983.
Repealed:  January 26, 2006.

Related authorities and other resources: Incorporated into Rule 1.15(j), Minnesota Rules of Professional Conduct (Oct. 2005); Brochure entitled Other People's Money available from the Office of Lawyers Professional Responsibility.