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Act 061, SB743 SD1 HD2, 05/28/2015

Posted on Jun 4, 2015 in 2015 Acts

Activity Desks; Signatories; Client Trust Accounts; Penalties; Principal

RELATING TO ACTIVITY DESKS.
Requires an activity desk to designate a principal who shall be a signatory on and fully responsible for the client trust account. Specifies responsibilities regarding the designated principal. (SB743 SD1 HD2)