IOLTA Program For Financial Institutions
As per Nevada Supreme Court Rule 217, lawyers and law firms in Nevada are required to create and maintain an interest-bearing trust account for the deposit of clients’ funds which are nominal in amount or to be held for a short period of time in any banking, credit union, or savings and loan association which meets the requirements set forth in Rule 217. Nevada attorneys will report on compliance with Supreme Court Rule 217 on the State Bar of Nevada’s 2011 annual membership fee statements.
On December 16, 2009 the Supreme Court of Nevada amended Supreme Court Rule 217. The complete text of the amended rule can be found on the State Bar of Nevada’s website.
- NLF Electronic Reporting Instructions: NLF Electronic Reporting Instructions
- XLS format: to view, print or download: Electronic Reporting Remittance Form