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RULE 19-405. DUTY OF ATTORNEY TO NOTIFY INSTITUTION

West's Annotated Code of MarylandMaryland Rules

West's Annotated Code of Maryland
Maryland Rules
Title 19. Attorneys
Chapter 400. Attorney Trust Accounts
MD Rules Attorneys, Rule 19-405
RULE 19-405. DUTY OF ATTORNEY TO NOTIFY INSTITUTION
An attorney may not exercise any authority to sign checks or disburse or withdraw funds from an attorney trust account until the attorney in writing:
(a) Requests the financial institution to designate the account on its records as an attorney trust account, and
(b) Authorizes the financial institution to report to Bar Counsel any dishonored instruments or overdrafts in the account as required by the agreement under Rule 19-411 between the institution and the Commission.
Source: This Rule is derived from former Rule 16-605 (2016).

Credits

[Adopted June 6, 2016, eff. July 1, 2016.]
MD R Attorneys, Rule 19-405, MD R ATTORNEYS Rule 19-405
Current with amendments received through December 15, 2019.
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