FDIC Provides Guidance on Coverage for IOTA Accounts
February 17, 2011
When legislation signed into law last year extended unlimited FDIC insurance for Interest on Lawyers Trust Accounts (IOLTA), many ALTA members asked if the same protection was afforded to Interest on Trust Accounts (IOTA). Read on to find out what protection the FDIC extends to IOTA accounts.
Contact ALTA at 202-296-3671 or firstname.lastname@example.org.