These summaries were prepared by McGuireWoods LLP lawyer Thomas E. Spahn. They are based on the letter opinions issued by the Virginia State Bar. Any editorial comments reflect Mr. Spahn's current personal views, and not the opinions of the Virginia State Bar, McGuireWoods or its clients. 
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40-Trust Accounts

A real estate developer's lawyer must deposit all trust money in a bank that meets the requirements of the ethics code, and may not use an investment management service that does not fulfill all of the Code's requirements.

Copyright 2000, Thomas E. Spahn