Bill Text: VA SB817 | 2011 | Regular Session | Introduced
Bill Title: Lawyers; client accounts.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-02-21 - House: Failed to report (defeated) in Courts of Justice (11-Y 11-N) [SB817 Detail]
Download: Virginia-2011-SB817-Introduced.html
11102308D Be it enacted by the General Assembly of Virginia: 1. That § 54.1-3916 of the Code of Virginia is amended and reenacted as follows: § 54.1-3916. Legal aid societies. A. The Virginia State Bar through its governing body is
authorized to promulgate rules and regulations governing the function and
operation of legal aid societies to further the objective of providing legal
assistance to persons requiring such assistance but unable to pay for it. To
the extent that interest is paid by a financial institution on client funds
deposited by attorneys or law firms in pooled interest bearing accounts B. The rules and regulations adopted under subsection A may be enforced by the Virginia State Bar, or by the Attorney General if so authorized by the Virginia State Bar. C. It shall be a Class 1 misdemeanor for any person, firm, corporation or other organization to render legal services as a legal aid society, or for any attorney to render legal services at the instance or request of any such person, firm, corporation or organization unless the person, firm, corporation or organization complies with the rules and regulations adopted under subsection A hereof. In addition to the criminal penalty, an injunction shall lie to prevent any violation of this section or rule or regulation adopted hereunder. 2. That § 54.1-3915.1 of the Code of Virginia is repealed.
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