Section 10-310 – “Fund” Defined
In this Part II of this subtitle, “Fund” means the Client Protection Fund of the Bar of Maryland.
In this Part II of this subtitle, “Fund” means the Client Protection Fund of the Bar of Maryland.
(a) The Court of Appeals may adopt rules that: (1) establish a Client Protection Fund of the Bar of Maryland; (2) provide for the appointment of trustees to administer the Fund; and (3) provide for the operation of the Fund. (b) The purpose of the Fund is to maintain the integrity of the legal profession by paying money to reimburse […]
(a) The trustees appointed under § 10-311 of this subtitle shall: (1) receive contributions to the Fund; and (2) manage the assets of the Fund. (b) To the extent the trustees consider reimbursement proper and reasonable, the trustees may use the Fund to reimburse a person for a loss that was caused by a defalcation of a lawyer if: […]
(a) By August 31 of each year, the Fund shall provide a list of lawyers who have paid an annual fee to the Fund during the previous fiscal year to: (1) the Department of Assessments and Taxation, to assist the Department in identifying new businesses within the State; and (2) the Comptroller, to assist the Comptroller in determining […]