IOLTA Rules and Regulations

To find rules and regulations governing the Maryland Legal Services Corporation and Interest on Lawyers Trust Accounts, go to Legal Resources and use the citations below in the search box.

Maryland Legal Services Corporation Act – Maryland Code, Human Services, Title 11

Mandatory IOLTA – Maryland Code, § 10-303 of the Business Occupations and Professions Article

Mandatory Reporting of Compliance by Attorneys – Maryland Rules, Title 19 – Attorneys, Chapter 400 – Attorney Trust Accounts. Rule 19-409. Interest on funds in attorney trust accounts.

Approval of Financial Institutions and Rate Comparability – Maryland Rules, Title 19 – Attorneys, Chapter 400 – Attorney Trust Accounts. Rule 19-411. Interest on funds in attorney trust accounts.

Handling of Client Fees – Maryland Rules, Title 19 – Attorneys, Chapter 300 – Maryland Attorneys’ Rules of Professional Conduct. Rule 19-301.5. Interest on funds in attorney trust accounts.