IOTA account definition

IOTA account means an interest or dividend-bearing trust account benefiting The Florida Bar Foundation established in an eligible institution for the deposit of nominal or short-term funds of clients or third persons.
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IOTA account means a trust account described in subdivision (2), below.
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Examples of IOTA account in a sentence

  • The Deposit shall be held in Closing Agent’s Florida Bar IOTA account and shall be non-interest bearing to Seller and Buyer.

  • Ecosphere shall pay immediately the amount of one hundred and fifty seven thousand seven hundred and fifty dollars ($157,750.00) to ▇▇▇▇▇ & Boswell, P.A., attorneys for ▇▇▇▇▇▇▇, by transfer of funds to the IOTA account of ▇▇▇▇▇ & Boswell.

  • Otherwise, we may assume that it is not an IOLTA or IOTA account .

  • If you want to open an IOLTA or IOTA account, you must indicate that on your signature card .