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　　Directions: Read the following passages, and determine whether the sentences are "Right" or "wrong". If there is not enough information to answer " right" or "wrong’’. choose "Doesn’t say".

Interest on Lawyers’ Trust Accounts IOLTAs, are offered to lawyers and firms to comply with the handling of funds being held in trust on behalf of clients. Interest earned on these accounts will be paid to the Texas Equal Access to Justice Foundation.

1. Accounts may be opened without a minimum deposit.

2. Interest will be calculated based on the average daily balance for the month. No minimum balance is required for this account to earn interest for the month. Interest will be credited to the account on the first of each month before being withdrawn and remitted to the Texas Equal Access to Justice Foundation.

3. A maximum of $10.00 handling/service charge per account will be deducted from the accumulation of all interest paid on this type of account.

4. All other terms, conditions and fees apply according to the Membership and Account Agreement, Truth-In-Savings Rate and Fee Schedule and Funds Availability Policy Disclosure.

51. IOLTAs must be opened with a minimum deposit.

A. Right

g

n’t say

52. No minimum balance is required for this account to earn interest for the month.

A. Right

B. Wrong

C. Doesn’t say

53. Interest on Lawyers’ Trust Accounts, are offered to lawyers and firms to

comply with the handing of funds being held in trust on behalf of clients.

A. Right

B. Wrong

C. Doesn’t say

54. IOLTAs’ main clients are accounters.

A. Right

B. Wrong

C. Doesn’t say