Citation: Standard 62 of the Rules and
Regulations for the State Bar Created by the Supreme Court of
Georgia.
Regulating Agency: The State Bar of Georgia and
the Supreme Court of Georgia.
Requirement: To identify and label funds,
securities, and other properties of a client promptly upon
receipt and to place them in a safe deposit box or other place of
safekeeping as soon as practicable.
Persons Affected: Members of the State Bar of
Georgia and those authorized to practice law in the State of
Georgia.
Retention Period: Not specified.
Related Code Section: O.C.G.A. Section
15-2-18.
Citation: Standard 65(A) of the Rules and
Regulations for the State Bar Created by the Supreme Court of
Georgia.
Regulating Agency: The State Bar of Georgia and
the Supreme Court of Georgia.
Requirement: To keep a client's funds separate
and uncommingled from the lawyer's own funds and to account for
trust property, including money and interest paid on the client's
money, if any, held in any fiduciary capacity.
Persons Affected: Members of the State Bar of
Georgia and those authorized to practice law in the State of
Georgia.
Retention Period: Not specified.
Related Code Sections: O.C.G.A. Section
15-2-18.
Citation: Standard 65(B) and Standard 65(D)
of the Rules and Regulations for the State Bar Created by the
Supreme Court of Georgia.
Regulating Agency: The State Bar of Georgia and
the Supreme Court of Georgia.
Requirement: To maintain or have available an
interest-bearing trust account, into which all client funds are
placed. [NOTE: The interest on such a trust
account must be paid either to the clients or to the Georgia Bar
Foundation.]
Persons Affected: Every attorney licensed to
practice law in the State of Georgia (whether the attorney
practices as a sole practitioner or as a member of a firm,
association, or professional corporation) who receives money or
property on behalf of a client or in any other fiduciary
capacity.
Retention Period: Not specified.
Related Code Sections: O.C.G.A. Section
15-2-18.