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IOLTA
5/25/10 11:37 AM Page Cov1. IOLTA . Fund of the Bar of New Jersey Guidelines for Financial Institutions 5/25/10 11:37 AM Page 1. CONTENTS. Frequently Asked Questions ..3. Operational I. Change Account to Interest Bearing Transaction Account II. Remit Net Interest To IOLTA . III. Report to IOLTA . IV. Report to Attorney V. Miscellaneous Conclusion ..18. 1. Rule: 1:28A ( The IOLTA Rule )..19. 2. Supreme Court Administrative Determination of February 18, 2009 ( The Best Customer Standard ) ..27. 3. The IOLTA Regulation ..30. Sample Forms 1. Sample Financial Institution Certification (Click Here)( ). 2. Sample Participation Form (Click Here) ..36. ( ). 3. Sample Remittance Form A (Click Here) ..37. ( ). 4. Sample Remittance Form B (Click Here)..38. ( ). 5. Sample Remittance Form C (Click Here)..39. ( ). 5/25/10 11:37 AM Page 2. INTRODUCTION. T. he IOLTA Fund of the Bar of New Jersey was created by the Supreme Court of New Jersey in 1988 by enactment of Rule 1:28A.
T he IOLTA Fund of the Bar of New Jersey was created by the Supreme Court of New Jersey in 1988 by enactment of Rule 1:28A. The purpose of the Fund is to provide
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