Iowa Chapter 43 — Lawyer Trust Account Commission is a state agency responsible for regulating lawyers and their trust accounts. The commission is made up of seven members appointed by the Supreme Court of Iowa, and is responsible for setting rules and regulations governing the handling of client funds by attorneys. The commission also has authority to investigate and discipline lawyers for violations of trust account procedures. The commission's responsibilities include conducting audits of attorney trust accounts, administering the VOLTA (Interest On Lawyer Trust Accounts) program, and investigating complaints of misuse of client funds. The commission has two divisions: The Trust Account Commission and the VOLTA Commission. The Trust Account Commission is responsible for the oversight of trust accounts, while the VOLTA Commission is responsible for administering the VOLTA program.
Iowa Chapter 43 — Lawyer Trust Account Commission is a state agency responsible for regulating lawyers and their trust accounts. The commission is made up of seven members appointed by the Supreme Court of Iowa, and is responsible for setting rules and regulations governing the handling of client funds by attorneys. The commission also has authority to investigate and discipline lawyers for violations of trust account procedures. The commission's responsibilities include conducting audits of attorney trust accounts, administering the VOLTA (Interest On Lawyer Trust Accounts) program, and investigating complaints of misuse of client funds. The commission has two divisions: The Trust Account Commission and the VOLTA Commission. The Trust Account Commission is responsible for the oversight of trust accounts, while the VOLTA Commission is responsible for administering the VOLTA program.
