Iowa Client Trust Account Rules (Iowa Court Rules Chapter 45) 45.6: Certify every year that current trust records are maintained

What does 45.6 require?

Every lawyer who must keep a client trust account certifies annually, in the form the supreme court prescribes, that the lawyer or the firm maintains on a current basis the records that professional conduct rule 32:1.15(a) demands. The certification is a personal attestation, so each lawyer needs to know that the firm's records are in fact current before signing.

Other controls in Rules 45.4 to 45.6: pooled interest-bearing (IOLTA) accounts, service charges and annual certification – Iowa Client Trust Account Rules (Iowa Court Rules Chapter 45)

45.4-1 Maintain a pooled interest-bearing trust account for nominal or short-term funds and tell the client where the interest goes
45.4-2-3 Place funds that could earn net interest for the client in a separate or sub-accounted interest-bearing account
45.4-4ab Direct the bank to remit pooled-account interest to the Commission at least quarterly with a statement
45.4-4c Direct the bank to report insufficient-funds presentments on the trust account to the Client Security Commission
45.5 Only the customary monthly maintenance fee may be netted from Commission interest; transaction fees are the lawyer's

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