As used in these Rules, the following terms have the meanings set forth below:
(a)Allowable reasonable service charges or fees. Per check charges, per deposit charges, a fee in lieu of minimum balance, sweep fees, federal deposit insurance fees and a reasonable IOLTA trust account administrative fee.(b)Bar. The Idaho State Bar.(c)Bar Counsel. Legal counsel for the Board.(d)Board. The Idaho State Bar Board of Commissioners, the duly elected governing body of the Bar.(e)Executive Director. The chief administrative officer of the Bar.(f)Financial institution. A bank, savings and loan association, credit union, savings bank or other entity that is authorized by federal or state law to do business in Idaho and accepts for deposit funds in trust accounts.(g)Foundation. The Idaho Law Foundation.(h)I.B.C.R. Idaho Bar Commission Rules.(i)Interest on Lawyer Trust Account or IOLTA account. An interest or dividend-bearing trust account for client and third party funds as set forth in Rule 1304.(j)I.R.P.C. Idaho Rules of Professional Conduct.(k)Lawyer. A lawyer who is currently an Active, Inactive, Emeritus, Judicial, Senior or House Counsel Member of the Bar.(l)Notice of dishonor. The notice that Idaho law requires a financial institution to give upon presentation of an instrument that the institution dishonors.(m)Rules. Section XIII of the I.B.C.R.(n)State. State of Idaho.(o)Supreme Court. The Supreme Court of the State of Idaho.(p)Trust account. An account established by a lawyer to hold the property of clients and third persons for safekeeping.