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Annual Interest on Lawyers' Trust Accounts (Iolta) Program Report - Oregon
Annual Interest on Lawyers' Trust Accounts (Iolta) Program Report is a legal document that was released by the Oregon State Bar - a government authority operating within Oregon.
FAQ
Q: What is the Annual Interest on Lawyers' Trust Accounts (Iolta) Program?
A: The Iolta Program is a program that collects interest on lawyers' trust accounts and uses those funds to support legal aid services for low-income individuals.
Q: How does the Iolta Program work?
A: The Iolta Program collects the interest earned on lawyers' trust accounts, which are accounts where lawyers hold client funds, and uses that interest to provide legal aid services.
Q: Who does the Iolta Program benefit?
A: The Iolta Program benefits low-income individuals who are in need of legal aid services.
Q: What does the Iolta Program do with the funds it collects?
A: The Iolta Program uses the funds it collects to provide grants to legal aid organizations that offer free legal services to low-income individuals.
Q: What is the purpose of the Iolta Program?
A: The purpose of the Iolta Program is to ensure that individuals who cannot afford legal services have access to legal aid and representation.
Q: Is the Iolta Program only for lawyers in Oregon?
A: No, the Iolta Program exists in multiple states, including Oregon. Each state operates its own Iolta program.
Q: Can I donate to the Iolta Program?
A: Yes, you can make a donation to the Iolta Program to help support legal aid services for low-income individuals.
Q: Are the funds in the Iolta Program insured?
A: Yes, the funds held in the Iolta Program are insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum amount allowed by law.
Q: Who oversees the Iolta Program in Oregon?
A: The Iolta Program in Oregon is overseen by the Oregon Law Foundation, which is a non-profit organization.
Form Details:
- Released on November 1, 2022;
- The latest edition currently provided by the Oregon State Bar;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Oregon State Bar.
