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RULE 19-404. TRUST ACCOUNT--REQUIRED DEPOSITS

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 19-404
RULE 19-404. TRUST ACCOUNT--REQUIRED DEPOSITS
Except as otherwise permitted by rule or other law, all funds, including cash, received and accepted by an attorney or law firm in this State from a client or third person to be delivered in whole or in part to a client or third person, unless received as payment of fees owed the attorney by the client or in reimbursement for expenses properly advanced on behalf of the client, shall be deposited in an attorney trust account in an approved financial institution. This Rule does not apply to an instrument received by an attorney or law firm that is made payable solely to a client or third person and is transmitted directly to the client or third person.
Source: This Rule is derived from former Rule 16-604 (2016).

Credits

[Adopted June 6, 2016, eff. July 1, 2016.]
MD R Attorneys, Rule 19-404, MD R ATTORNEYS Rule 19-404
Current with amendments received through December 15, 2019.
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