Rule 1.15A

IOLTA FAQ

Lawyers

IOLTA – Interest on Lawyers’ Trust Accounts – is a method of raising money for charitable purposes, primarily the provision of civil legal services to indigent persons. The establishment of IOLTA in the United States followed changes to federal banking laws passed by Congress in 1980, which allowed some checking accounts to bear interest. IOLTA programs currently operate in 50 states, the District of Columbia, and the U.S. Virgin Islands.

The Wyoming Supreme Court constructed IOLTA in 1989 as an effort to fund the unmet legal needs of the citizens of Wyoming.

To enroll in the Wyoming State Bar Foundation’s Interest on Lawyers’ Trust Account (IOLTA) program:

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Wyoming State Bar Foundation
P.O. Box 109 | Cheyenne, WY 82003
 E-mail foundation@wyomingbar.org |
Phone: 307 632.2272 | Fax: 307.632.3737