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What Is IOLTA?

The North Carolina State Bar Plan for Interest on Lawyers' Trust Accounts (“IOLTA”) was established by the North Carolina State Bar and the North Carolina Supreme Court to generate income from lawyers' trust accounts to fund programs for the public's benefit. Read more...

Opening an IOLTA Account

IOLTA accounts are interest-bearing general trust accounts for lawyers or law firms from which banks forward the interest net of service charges to the State Bar’s IOLTA program which uses the money to fund law-related charitable causes. All general client trust accounts must be IOLTA accounts. Dedicated lawyer trust accounts (interest-bearing accounts maintained for the sole benefit of a single client or transaction) should not be established as IOLTA accounts. Read more...

Important Dates
NC IOLTA Board of Trustees Long Range Planning Meeting
10:30 AM