March 2009
Las Vegas Business Press (10712186);3/23/2009, Vol. 26 Issue 12, pP18
This article focuses on the Interest on Lawyer Trust Accounts (IOLTA) program which uses interest money from lawyer trust accounts to help low-income Nevadans. Lawyers practicing in the state are required to participate in the program which is led by the Nevada Supreme Court Access to Justice Commission. Participation in the program by banks is also encouraged by offering higher interest rates on lawyer trust accounts. Particular focus is given to the requirements set for preferred interest on lawyer trust accounts.


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