Sign In
  • December 01, 2003

    Inside the Bar December 2003: OLR announces new form for overdrafts on lawyer trust accounts

    The Office of Lawyer Regulation (OLR) announces, effective Jan. 1, the Agreement to Notify OLR of Overdrafts on Lawyer Trust Accounts will change to a one-page form. Exhibit A is eliminated.

    Inside the Bar
    December 2003

    OLR announces new form for overdrafts on lawyer trust accounts

    The Office of Lawyer Regulation (OLR) announces, effective Jan. 1, the Agreement to Notify OLR of Overdrafts on Lawyer Trust Accounts will change to a one-page form. Exhibit A is eliminated.

    Related links:

    The form must be filed with the OLR and the financial institution when a new trust account or fiduciary account is established or if an existing trust account or fiduciary account is not already subject to an Overdraft Notification Agreement.

    Existing agreements do not need to be updated with a new filing unless the name of the financial institution has changed. The new agreement covers successor financial institutions. Since changes in firm membership no longer require the filing of an updated Exhibit A form, the OLR will rely on State Bar membership information to identify firm members.

    The new agreement is available at www.wicourts.gov/olr and will be available at the OLR Madison office on Jan. 1.

    For more information, contact the OLR Trust Account Program at (877) 315-6941, ext. 2.


Join the conversation! Log in to comment.
System.NullReferenceException: Object reference not set to an instance of an object. at News.NewsTOCNavigation.NewsTOCNavigationUserControl.Page_Load(Object sender, EventArgs e)

News & Pubs Search

-
Format: MM/DD/YYYY