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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Attorneys: IOLTA accounts. Existing law, the State Bar Act, provides for the licensure and regulation of the practice of law by the State Bar of California, a public corporation. Existing law requires an attorney or law firm receiving or disbursing trust funds to establish and maintain an IOLTA account, as defined, in which the attorney or law firm is required to deposit or invest all specified client deposits or funds. Existing law also requires an attorney or law firm establishing an IOLTA account to comply with various requirements, including, but not limited to, that the account be established and maintained with an eligible institution, as defined. us/states/ca California Legislature 20092010 AB 940 California AB 940 (20092010)
bill
Attorneys: IOLTA accounts.
enacted
Committee on Judiciary
5 21 4 2009-02-26 2009-08-06 openstates ocd-bill/7d145f3e-1ca8-4a42-bcf2-059ec3f337d8 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200920100AB940 54001c8a82958f6b3178c85d5856634cae7eb9bfbdb19b834342249a9d576926 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California AB 940 (20092010) — Attorneys: IOLTA accounts.

Existing law, the State Bar Act, provides for the licensure and regulation of the practice of law by the State Bar of California, a public corporation. Existing law requires an attorney or law firm receiving or disbursing trust funds to establish and maintain an IOLTA account, as defined, in which the attorney or law firm is required to deposit or invest all specified client deposits or funds. Existing law also requires an attorney or law firm establishing an IOLTA account to comply with various requirements, including, but not limited to, that the account be established and maintained with an eligible institution, as defined.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. 02/26/09 - Introduced (filed) — source
  2. 04/13/09 - Amended Assembly (committee substitute) — source
  3. 08/06/09 - Chaptered (committee substitute) — source
  4. AB940 (committee substitute) — source
  5. 06/23/09 - Enrolled (enrolled) — source

Votes

  • Do pass. — pass (pass) · lower
  • AB 940 JUD. Assembly Third Reading By FEUER — pass (pass) · lower
  • Special Consent #9 AB940 Committee on JUD. (Feuer) — pass (pass) · upper
  • Do pass. — pass (pass) · upper

Sponsors

  • Committee on Judiciary — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2009-02-26 Read first time. To print. reading-1
  • 2009-03-01 From printer. May be heard in committee March 30.
  • 2009-04-13 Referred to Com. on JUD. referral-committee
  • 2009-04-13 From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended. amendment-introduction, reading-2, amendment-passage, reading-1
  • 2009-04-14 Re-referred to Com. on JUD. referral-committee
  • 2009-05-05 From committee: Do pass. (Ayes 10. Noes 0.) (May 5). committee-passage-favorable, committee-passage
  • 2009-05-06 Read second time. To third reading. reading-2, reading-1
  • 2009-05-14 Read third time, passed, and to Senate. (Ayes 73. Noes 0. Page 1459.) reading-3, passage, reading-1
  • 2009-05-14 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
  • 2009-05-21 Referred to Com. on JUD. referral-committee
  • 2009-06-09 From committee: Do pass. (Ayes 5. Noes 0.) (June 9). committee-passage-favorable, committee-passage
  • 2009-06-10 Read second time. To third reading. reading-2, reading-1
  • 2009-06-16 Ordered to Special Consent Calendar.
  • 2009-06-22 Read third time, passed, and to Assembly. (Ayes 40. Noes 0. Page 1377.) reading-3, passage, reading-1
  • 2009-06-22 In Assembly. To enrollment.
  • 2009-06-25 Enrolled and to the Governor at 1:30 p.m.
  • 2009-07-01 Withdrawn from Governor.
  • 2009-07-01 Ordered returned to enrollment.
  • 2009-07-30 Enrolled and to the Governor at 2:30 p.m.
  • 2009-08-05 Approved by the Governor. executive-signature
  • 2009-08-06 Chaptered by Secretary of State - Chapter 129, Statutes of 2009.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/7d145f3e-1ca8-4a42-bcf2-059ec3f337d8. Confidence: reported (aggregated from official California legislature records).