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IN RE INTEREST ON LAWYERS' TRUST ACCOUNTS.

No. 82-276.

644 S.W.2d 924 (1983)

In re The Matter of INTEREST ON LAWYERS' TRUST ACCOUNTS.

Supreme Court of Arkansas.

January 10, 1983.

Attorney(s) appearing for the Case

J.L. Shaver, Jr., President of the Arkansas Bar Association, Wynne, Herman L. Hamilton, Jr., Chairman, Hamberg, Garvin Fitton, Harrison, Richard F. Hatfield, Searcy, Cyril Hollingsworth, Lonnie A. Powers and Gus Walton, Jr., Little Rock, for bar association.

PER CURIAM.

The Arkansas Bar Association, through its Interest on Lawyers' Trust Accounts Committee, has petitioned this court to permit the collection and disbursement of interest on lawyers' trust accounts and to provide for the procedures governing the same. This petition results from several years of study by this committee on this subject of utilizing lawyers' trust accounts (clients' funds) to produce interest income...

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