Colorado Supreme Court
Office of Attorney Regulation Counsel
Promoting Professionalism. Protecting the Public.
Trust Account Manual
Whenever a lawyer holds the property of a client or a third party, the lawyer must keep that property in a separate trust account, in accordance with the Rules of Professional Conduct. The most important rules relating to financial accounts for Colorado lawyers are Colo. RPC 1.15A – 1.15E.
Colo. RPC 1.15A -1.15E covers many topics, including who must have a trust account, disputes over funds held in trust, service charges on the account, and bookkeeping requirements. Every licensed lawyer in private practice or who is otherwise is required to have trust account should read and know the requirements of these rules, which are located in the Colorado Revised Statutes (Colorado Court Rules Book 1).