Amendment to Rules Allows Trust Accounts in Credit Unions


On November 9, 2017 the Florida Supreme Court issued an opinion amending the Rules Regulating The Florida Bar

Among others, Bar Rule 5-1.1 (Trust Accounts) has been amended to allow lawyers to maintain trust accounts in federally insured credit unions.

The amendments shall become effective on February 1, 2018, at 12:01 a.m.

The full opinion is available at: SC16-1961 In Re: Amendments to the Rules Regulating The Florida Bar (Biennial Petition)

For more Supreme Court opinions visit and select ‘Court Opinions.’