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Iowa Lawyer Trust Account Commission Grant Criteria and Guidelines – 2026

How the interest on lawyers' pooled trust accounts is granted out, sixteen rules. Rule 44.1 explains the IOLTA program: the commission was created by the supreme court to receive interest on lawyers' pooled trust accounts, which hold client funds too small in amount or held too briefly to earn net interest for the client. Rule 44.2 is the statement of purpose, Rule 44.3 the grant criteria and Rule 44.4 who may apply; the rest govern the mechanics — rejection of applications (44.5), ownership of applications (44.6), grantee costs (44.7), inquiry (44.8), copies and signature (44.9), prime grantee responsibility (44.10), access to books and records (44.11), contract terms (44.12), the project completion date (44.13), additional grant requests (44.14) and the application procedures (44.15). Rule 44.21 lists the grant application forms.

Browse all 16 rules of the 2026 edition below. Each rule includes the full text, a plain-English summary, committee notes, amendment history, and cross-references to related rules. Use the search box to find rules by keyword or number.

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Rule 44.1 Interest on lawyers’ trust account program (IOLTA) Rule 44.2 Statement of purpose Rule 44.3 Grant criteria Rule 44.4 Eligible applicants Rule 44.5 Rejection of grant applications Rule 44.6 Grant applications are property of commission Rule 44.7 Grantee costs Rule 44.8 Inquiry Rule 44.9 Copies of applications; signature Rule 44.10 Prime grantee responsibility Rule 44.11 Access to books and records Rule 44.12 Contract terms Rule 44.13 Project completion date Rule 44.14 Additional grant requests Rule 44.15 Grant application procedures Rule 44.21 FORMS — Grant Application Forms