- Stage
- Became law
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Aug 6, 2009
What it does
Existing law, the State Bar Act, provides for the licensure and regulation of the practice of law by the State Bar of California, a public corporation. Existing law requires an attorney or law firm receiving or disbursing trust funds to establish and maintain an IOLTA account, as defined, in which the attorney or law firm is required to deposit or invest all specified client deposits or funds. Existing law also requires an attorney or law firm establishing an IOLTA account to comply with various requirements, including, but not limited to, that the account be established and maintained with an eligible institution, as defined.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Committee on Judiciary
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
Once a bill is decided, the questions are about what is done with it in California.