There is a newer version of the Maryland Code
2013 Maryland Code
BUSINESS OCCUPATIONS AND PROFESSIONS
§ 10-305 - Investment on direction of client or beneficial owner
MD Bus Occ & Prof Code § 10-305 (2013) What's This?
§10-305.
Except for trust money that a lawyer is required to deposit in an attorney trust account that earns interest payable to the Maryland Legal Services Corporation, a lawyer may withdraw trust money from an attorney trust account and invest it:
(1) as the client or beneficial owner of the trust money instructs; or
(2) as the lawyer and the client or beneficial owner of the trust money agree.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
