Advice Decision-Making Assistant (ADMA)


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Reporting a trust shortage

The following are resources that may be helpful in answering your enquiry. Please familiarize yourself with them before moving on.

In brief: Trust shortages are serious and require immediate attention. Check out the resources below and feel welcome to contact TrustAccounting@lsbc.org or a Practice Advisor with any questions or concerns.

Key Resources

Code - Duty to report a trust shortage: BC Code rule 7.1-3(a).

Rules - Trust shortage: Law Society Rule 3-74.

Next Steps

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