IOLTA for Lawyers
PLEASE JOIN US IN THANKING IOLTA PARTNERING BANKS
Contributing 100% of Interest Earned to Arizona IOLTA Program
IOLTA banks are allowed to retain up to 10% of the interest earned on IOLTA accounts as their fee. These banks go above and beyond in their support for access to justice by contributing the full 100% to IOLTA. Please click on the banks′ name to send them your message of appreciation for their extraordinary support!
NEW IOLTA FDIC Insurance coverage Notice |
Attorneys Need to Take Extra Care in Watching Client Trust Accounts |
Arizona Supreme Court Rule 43 requires all lawyers who receive client funds in Arizona or in connection with representation of clients in Arizona to maintain an interest-bearing trust account to pool client funds of minimal amounts.
To select a bank for your Arizona IOLTA account, please see our complete listing of approved participating banks. When opening an IOLTA account, attorneys must instruct their financial institution to identify the account as an IOLTA account by submitting to them the Notification to Financial Institutions. In addition, the State Bar of Arizona must be notified of the new account by submitting the Arizona IOLTA Enrollment/Change Form.
If you have questions about completing the form, problems with your bank in setting up the account or questions about IOLTA requirements, please contact Tracy Ward at the State Bar of Arizona at 602-340-7219.
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Updated 03/04/10 |
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Updated 10/05/09 |
Updated 03/05/10 |
