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IOLTA

(Interest on Lawyers' Trust Accounts)

The IOLTA Program is the result of a unique partnership between the banking and legal communities. The interest earned on these trust accounts is disbursed by the Louisiana Bar Foundation (LBF) to Louisiana's largest civil legal service programs, pro bono programs, battered women shelters, and numerous other community organizations that provide civil legal assistance to Louisiana's low-income citizens.

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Rule

Unidentified Funds Form

Resources for Attorneys

Resources for Financial Institutions

IOLTA News

Louisiana Supreme Court Amends Rule 1.15

On March 23, 2016, the Louisiana Supreme Court amended the Louisiana Rules of Professional Conduct 1.15 concerning how lawyers and law firms should handle unidentified funds accumulated in their IOLTA accounts. The amended rule directs lawyers who discover unidentified funds...

Louisiana Supreme Court Orders IOLTA Comparability Rule

On January 3, 2008, the Louisiana Supreme Court granted the petition filed by the Louisiana Bar Foundation amending the LSBA Rules of Professional Conduct Rule 1.15 Safekeeping Property, IOLTA Rules. IOLTA accounts must earn the same or comparable interest or...

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The Louisiana Bar Foundation is a non-profit 501(c)(3) entity organized under the state of Louisiana.