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CALegalAdvocates.org

FDIC saves IOLTA Funding

Friday, November 21, 2008

  • Organization: The Legal Aid Association of California

The FDIC decided to include IOLTA accounts in the TLGP.

This link will take you to the FDIC decision. It is 102 pages long and deals with a plethora of matters, but the discussion on IOLTA accounts begins on page 44 and the decision creating the exception for IOLTA accounts is on page 46.

http://www.fdic.gov/news/board/08BODtlgp.PDF

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