Is the IOLTA program unique to Indiana?
No, Indiana was the last state to adopt an IOLTA program. The programs range from VOLUNTARY (which gives an attorney a choice to participate), to OPT-OUT to MANDATORY (or UNIVERSAL). Indiana began with the optout program but now follows a Universal program. As a result of the 2003 United States Supreme Court decision upholding mandatory IOLTA programs, several other states are also converting their programs from opt-out to mandatory.
