Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 10-305 - Investment on Direction of Client or Beneficial Owner — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Business Occupations and Professions/
  5. Title 10 - Lawyers/
  6. Subtitle 3 - Trust Money/
  7. Part I - Attorney Trust Accounts/
  8. Section 10-305 - Investment on Direction of Client or Beneficial Owner
Maryland Legal Code

Section 10-305 - Investment on Direction of Client or Beneficial Owner

Ask AI about this
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.