California Codes, Business and Professions Code - BPC, Division 3 — Professions and Vocations Generally, Chapter 4 — Attorneys, Article 2 — Administration, Section 6032.5
(a) The Public Interest Attorney Loan Repayment Account is hereby established within the State Treasury.
(b) Funds from an IOLTA account that escheat to the state and are deposited into the Public Interest Attorney Loan Repayment Account pursuant to subdivision (c) of Section 1564.5 of the Code of Civil Procedure shall be used, upon appropriation by the Legislature, by the Student Aid Commission for the purpose of providing increased funding for, both the administration of and the provision of loan assistance pursuant to, the Public Interest Attorney Loan Repayment Program pursuant to Article 12 (commencing with Section 69740) of Chapter 2 of Part 42 of Division 5 of Title 3 of the Education Code.
Notes
Establishes the Public Interest Attorney Loan Repayment Account in the State Treasury and directs qualifying escheated IOLTA funds deposited there, upon legislative appropriation, to the Student Aid Commission. The commission must use those funds to increase both administration funding and loan assistance under the Public Interest Attorney Loan Repayment Program.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 6032.5 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-3/chapter-4/article-2/section-6032-5