Thursday, May 28, 2009

IOLTA Guidelines Amended

The Interest on Lawyers' Trust Accounts (IOLTA) Guidelines have been amended effective July 1, 2009. The amendments provide "clearer language about proper investment of IOLTA funds reserved in a stabilization fund. In Sections 5(d), 5(e) and 4(c), [the amendments provide] a more complete Guideline regarding the amounts of funds that may be reserved by and how such funds are to be accounted for by the three charities which receive IOLTA funds. In Sections 5(e), 5(f), 4(a) and 4(b), [the amendments provide] related procedural changes to reflect the new Guidelines."

Thursday, May 14, 2009

Finding Attorney General Opinions and Bid Protest Decisions

Older Attorney General Opinions are available online from the State Library, or in print in any of the Trial Court Law Libraries.

As of October 2001, there have been no formal Attorney General Opinions issued.  However, the Bid Protest Unit of the AG’s Fair Labor Division regularly issues decisions, pursuant to G. L. c. 149 § 44A et seq., resolving protests regarding public bidding procedures.  If you need any of these decisions, call the Law Library at the Office of the Attorney General at 617-963-2098.