Me. R. Clnt. Prot. Fund 7

As amended through November 25, 2024

Rule 7 - Duties and Responsibilities of the Board of Trustees

The Board of Trustees shall have the following duties and responsibilities:

(a) to promulgate rules of procedure not inconsistent with these Rules;

(b) to receive, evaluate, determine and pay claims;

(c) to invest prudently such portions of the funds as may not be needed currently to pay losses or necessary expenses;

(d) to provide a full report at least annually to the Court and to make other reports as necessary;

(e) to publicize its activities to the public and the bar;

(f) to pursue claims for restitution to which the Fund is entitled;

(g) to prepare an annual budget for approval by the Court;

(h) to pay the reasonable and necessary expenses of the administration of the Fund; and

(i) to perform all other acts necessary or proper for the fulfillment of the purposes and effective administration of the Fund.

(j) to transfer funds to the Maine Assistance Program when so directed by the Supreme Judicial Court.

Me. R. Clnt. Prot. Fund 7