Md. R. Att'y 19-404

As amended through November 13, 2024
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.

Md. R. Att'y 19-404

This Rule is derived from former Rule 16-604(2016).

Adopted June 6, 2016, eff. 7/1/2016.