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Does the IOLTA program pay for the checks, deposit slips and other related fees on the client trust accounts?

April 26, 2017checks client deposit fees IOLTA pay program slips Trust

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Does the IOLTA program pay for the checks, deposit slips and other related fees on the client trust accounts?

1 Answer

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10 Posted

No. The Foundation will pay reasonable service charges on the IOLTA account. However, the Foundation does not pay for checks, wire transfers or other business expenses associated with the account.