Section 21.1 - Administration of ULTA Funds

As amended through June 11, 2024
Section 21.1 - Administration of ULTA Funds
(a) The Chief Executive Officer shall assign bar staff to oversee the administration, disbursement, and claims adjudication of unclaimed lawyer trust account funds appropriated to the Bar pursuant to ORS 98.386(2). The administration, disbursement and claims adjudication of unclaimed lawyer trust account funds shall be consistent with the requirements of ORS Chapter 98 and Board Policies.
(b) All unclaimed lawyer trust account funds appropriated to the Bar shall be received and held in a separate fund.
(c) All unclaimed lawyer trust account funds shall be invested in the same manner as the Bar's general funds as described in these Bylaws. The Legal Services Committee may provide recommendations on the investment of unclaimed lawyer trust account funds to the Investment Committee.
As amended by 11/19/2022.