VSB April 1, 1987

Can an attorney deposit a cashier's check into the trust account after the bank has closed and immediately write a trust-account check against it?

Short answer: The committee concluded it is not proper for an attorney to deposit a cashier's check payable to the firm's trust account after the bank has officially closed and then immediately write a check on the trust account for all or part of that cashier's check. It was decided under Virginia's former Code of Professional Responsibility.

Apply this to your situation

This page answers the general question as of 1987. Ezel answers yours: whether it's allowed on your facts, under the current Virginia Rules of Professional Conduct, with citations.

Currency note: this opinion is from 1987
Subsequent statutory amendments, court decisions, or later opinions or rule amendments may have changed the analysis. Treat this page as historical context, not current legal advice. Verify current law before relying on any specific rule, deadline, or remedy mentioned here.
Disclaimer: Advisory only. Not binding precedent.
About this page: The plain-English summary, reader guidance, and Q&A below were written by Ezel based on the official ethics opinion. The original opinion (linked on this page as a PDF) is the authoritative source for any reliance.
View original ethics opinion (PDF)

Plain-English summary

The committee opined that it is not proper for an attorney to deposit a cashier's check payable to the firm's trust account after the bank has officially closed and then immediately write a check on the trust account for all or a portion of that cashier's check. The committee cited LE Op. 183 and LE Op. 454 and referred to Va. Code § 6.1-2.10.

Currency note

This opinion was issued in 1987, under Virginia's former Code of Professional Responsibility, before the Virginia State Bar's adoption of the Rules of Professional Conduct effective January 1, 2000. The trust-accounting statute it cites has since been recodified. Subsequent rule amendments, statutory changes, or later opinions may have changed the analysis. Treat this page as historical context, not current guidance. Verify against current rules before relying on any specific rule, deadline, or requirement mentioned here.

Common questions

Q: Can a lawyer disburse against a cashier's check deposited after the bank closed?

A: Under this 1987 opinion, no. The committee said it is not proper to deposit such a check after the bank has officially closed and immediately write a trust-account check against it.

Q: What was the concern the committee identified?

A: The opinion treats disbursing against a check that has not yet cleared, by depositing after the bank closed and immediately drawing on the funds, as improper trust-account conduct.

Background and rules framework

The opinion did not cite a specific disciplinary rule. It applied the committee's prior trust-account opinions, LE Op. 183 and LE Op. 454, and referred to Va. Code § 6.1-2.10 on settlement funds.

Citations and references

Statutes:

  • Va. Code § 6.1-2.10 (settlement funds)

Other opinions cited:

  • LE Op. 183 and LE Op. 454: prior opinions on trust-account disbursement

See also

Source

Original opinion text

Reproduced from the official source for research purposes. The linked source is authoritative.

Committee Opinion
April 1, 1987
LEGAL ETHICS OPINION 898

REAL ESTATE – DISBURSEMENT OF
TRUST FUNDS.

It is not proper for an attorney to deposit a cashier's check payable to the firm's trust
account after the bank has officially closed and immediately write a check on the trust
account for all or a portion of the cashier's check. [LE Op. 183 and LE Op. 454; see also
§ 6.1-2.10 Va. Code]
Committee Opinion
April 1, 1987

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