IOLTA (Interest on Lawyers’ Trust Accounts) is a law-related public service program that strengthens our justice system. IOLTA programs operate throughout the United States and Canada. They generate funds that are used to support legal aid, legal education for the public and other activities that improve the quality of justice.
IOLTA funds are used to support legal aid, legal education for the public, and other activities that improve the administration and quality of justice. Since 1986, the Montana Justice Foundation has distributed over $5 million to over forty legal aid organizations and access to justice initiatives throughout the state of Montana. These organizations focus on clients’ most basic human needs: preserving housing, protecting subsistence income, obtaining access to health care, providing food and clothing for families and maintaining safety, independence, and dignity.
For Financial Institutions
Below is a document for banks or other financial institutions participating, or wondering about participating, in the IOLTA program, as well as a remittance report in the form of an excel spreadsheet.