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.
Certified Eligible Financial Institutions
Unidentified Funds Form
Resources for Attorneys
Resources for Financial Institutions
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...
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...