Arkansas · Trust Accounting
What Arkansas attorneys must do to keep client trust funds compliant — the governing rule, how often you must reconcile, and how long records must be kept.
Arkansas Rules of Professional Conduct, Rule 1.15 (Safekeeping Property and Trust Accounts)
Not specified by rule
5 years
Arkansas Supreme Court Office of Professional Conduct
Arkansas Access to Justice Foundation
Required — banks must notify the regulator
Source: Arkansas Supreme Court Office of Professional Conduct . Rules change — always confirm against the current text before relying on it.
Arkansas's stated reconciliation requirement is: Not specified by rule. A three-way reconciliation compares three totals that must all agree. If they do not, the difference has to be found and resolved before the reconciliation is complete.
Bank statement balance, adjusted for outstanding checks and deposits in transit.
Your internal trust account register as of the same date.
The total of every individual client ledger balance on that date.
For a full walkthrough of the procedure, common violations, and what examiners look for, see our IOLTA compliance guide.
Arkansas requires trust account records to be retained for 5 years. In practice that means keeping:
IOLTA Guard automates three-way reconciliation, blocks negative client ledgers, and keeps the audit trail Arkansas attorneys are expected to maintain.