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United States · Bill · S

S. 4052 (111th)

A bill to require the Federal Deposit Insurance Corporation to fully insure Interest on Lawyers Trust Accounts.

referredUnited States· United States Congress· EN

Introduced

22 December 2010

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Amends the Federal Deposit Insurance Act, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to treat as a noninterest-bearing transaction account fully insurable by the Federal Deposit Insurance Corporation (FDIC) any Interest on Lawyers Trust Account (or functionally equivalent account) established by an attorney or law firm on behalf of a client.

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Votes

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Versions

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Documents

3 official files

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Sources

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