Status Update Form
The NC IOLTA rules (Rule .1316(c)) require that a lawyer/law firm or settlement agent advise NC IOLTA of the opening or closing of an IOLTA account. The status update form may be used for that purpose and for address changes.
Bank Directive regarding non-sufficient funds
Under the Rules of Professional conduct (Rule 1.15-2(k), a lawyer must direct each bank where he or she maintains any trust account to notify the State Bar when any item drawn on the trust account is presented for payment against insufficient funds. The notice form to used for that purpose.
IOLTA Certification Document
Under NC IOLTA rules (Rule .1319), every lawyer must certify his/her IOLTA status to the NC State Bar by June 30 of each year. Failure to certify may result in suspension of the law license. Certification should be made when paying State Bar dues. If certification was not made when paying dues, the certification form may be used to certify.