In 1988, New Jersey joined the ranks of those states that adopted the Interest on Lawyers' Trust Accounts (IOLTA) Fund as a method of collecting and using the interest that would be earned on these deposits.
New Jersey was anticipated to have joined this effort much sooner, but they were delayed in doing so for various reasons.
mnli hypothesis: New Jersey was anticipated to have joined this effort much sooner, but they were delayed in doing so for various reasons. premise: In 1988, New Jersey joined the ranks of those states that adopted the Interest on Lawyers' Trust Accounts (IOLTA) Fund as a method of collecting and using the interest that would be earned on these deposits.