Section 10-313 – List of Lawyers Paying Fees to Fund
(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 […]
Section 10-310 – “Fund” Defined
In this Part II of this subtitle, “Fund” means the Client Protection Fund of the Bar of Maryland.
Section 10-311 – Establishment of Fund; Trustees
(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 […]
Section 10-312 – Powers and Duties of Trustees
(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: […]