LEO: Escrow Accounts - Foreign Banks -  LE Op. 565

 

Escrow Accounts - Foreign Banks - Disclosure.

 

May 2, 1984

 

It would be improper for an attorney to maintain an account containing

client funds in any bank which is not agreeable to notifying the Virginia

State Bar when any check drawn on the trust account is returned for

insufficient funds after three days notice. [ DR:9-103(B)(1). Cf DR:1-

102(B)]

 

Committee Opinion May 2, 1984