SUPREME COURT OF NEW JERSEY
NOTICE TO THE
Re: Amendments to Rules Governing the
IOLTA Program (R. 1:28A)
Last September, the Supreme Court published for comment Rule
amendment proposals that had been presented by the Trustees of the IOLTA
Program. Comments on the amendments were received and reviewed by the Court. At
the direction of the Court, IOLTA Trustees met in January with representatives
of the banking industry to discuss the proposed changes.
After consideration of the proposals and the comments they
generated, the Supreme Court has adopted modified
amendments to Rules 1:21-6(a) and 1:28A. The amendments take effect
March 1, 2003.
In addition to adopting the Rule
amendments, the Court has prepared an Administrative
Determination that addresses the changes to the IOLTA Rules and Guidelines.
The Administrative Determination is being published
simultaneously with this Notice and the Rule
Stephen W. Townsend, Esquire
Clerk of the Supreme Court
Dated: February 6, 2003