497 – Attorneys Fiduciary Funds; Interest-Bearing Accounts.
§ 497. Attorneys fiduciary funds; interest-bearing accounts. 1. An “interest on lawyer account” or “IOLA” is an unsegregated interest-bearing deposit account with a banking institution for the deposit by an attorney of qualified funds. 2. “Qualified funds” are moneys received by an attorney in a fiduciary capacity from a client or beneficial owner and which, […]
498 – Professional Referrals.
§ 498. Professional referrals. 1. There shall be no cause of action for damages arising against any association or society of attorneys and counsellors at law authorized to practice in the state of New York for referring any person or persons to a member of the profession for the purpose of obtaining legal services, provided […]
499 – Lawyer Assistance Committees.
§ 499. Lawyer assistance committees. 1. Confidential information privileged. The confidential relations and communications between a member or authorized agent of a lawyer assistance committee sponsored by a state or local bar association and any person, firm or corporation communicating with such committee, its members or authorized agents shall be deemed to be privileged on […]
490 – Limitation.
§ 490. Limitation. Sections four hundred eighty-eight and four hundred eighty-nine of this chapter do not prohibit the receipt of a bond, promissory note, bill of exchange, book debt, or other thing in action, in payment for property sold, or for services actually rendered, or for a debt antecedently contracted; or from buying or receiving […]
491 – Sharing of Compensation by Attorneys Prohibited.
§ 491. Sharing of compensation by attorneys prohibited. 1. It shall be unlawful for any person, partnership, corporation, or association to divide with or receive from, or to agree to divide with or receive from, any attorney-at-law or group of attorneys-at-law, whether practicing in this state or elsewhere, either before or after action brought, any […]
492 – Use of Attorney’s Name by Another.
§ 492. Use of attorney’s name by another. If an attorney knowingly permits any person, not being his general law partner or a clerk in his office, to sue out any process or to prosecute or defend any action in his name, except as authorized by this section, such attorney, and every person who shall […]
493 – Attorneys Forbidden to Defend Criminal Prosecutions Carried on by Their Partners, or Formerly by Themselves.
§ 493. Attorneys forbidden to defend criminal prosecutions carried on by their partners, or formerly by themselves. An attorney, who directly or indirectly advises in relation to, or aids or promotes the defense of any action or proceeding in any court, the prosecution of which is carried on, aided or promoted by a person as […]
494 – Attorneys May Defend Themselves.
§ 494. Attorneys may defend themselves. The last section does not prohibit an attorney from defending himself in person, as attorney or as counsel, when prosecuted either civilly or criminally.
495 – Corporations and Voluntary Associations Not to Practice Law.
§ 495. Corporations and voluntary associations not to practice law. 1. No corporation or voluntary association shall (a) practice or appear as an attorney-at-law for any person in any court in this state or before any judicial body, nor (b) make it a business to practice as an attorney-at-law, for any person, in any of […]
496 – .
* § 496. An organization described in subdivision seven of section four hundred ninety-five of this article shall file with the appellate division department in which its principal office is located a statement describing the nature and purposes of the organization, the composition of its governing body, the type of legal services being made available, […]