Md. Code, Bus. Occ. & Prof. § 10-305

Current with changes from the 2024 Legislative Session

Section 10-305 - Investment on direction of client or beneficial owner

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.

Md. Code, BOP § 10-305