# Deposit Insurance Regulations; Unlimited Coverage for Noninterest-Bearing Transaction Accounts; Inclusion of Interest on Lawyers Trust Accounts
> **US Federal Deposit Insurance Corporation** · Final rule. · Published 2011-01-27 · Effective 2011-01-27 · 76 FR 4813
## Document
- **Document number:** 2011-1732
- **Category:** final-rule
- **Agency:** US Federal Deposit Insurance Corporation
- **Federal Register citation:** 76 FR 4813
- **CFR reference:** 12 CFR 330
- **Publication date:** 2011-01-27
- **Effective date:** 2011-01-27
## Abstract

The FDIC is adopting a final rule amending its deposit insurance regulations to implement an amendment to section 11(a)(1)(B)(iii) of the Federal Deposit Insurance Act (FDI Act), as added by section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111-203), that includes Interest on Lawyers Trust Accounts ("IOLTAs") in the definition of "noninterest-bearing transaction account" for purposes of providing unlimited deposit insurance for such accounts for two years starting December 31, 2010.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2011/01/27/2011-1732/deposit-insurance-regulations-unlimited-coverage-for-noninterest-bearing-transaction-accounts)
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