(a) The trustees appointed under § 10-311 of this subtitle shall: (1) receive contributions to the Fund; and (2) manage the assets of the Fund. (b) To the extent the trustees consider reimbursement proper and reasonable, the trustees may use the Fund to reimburse a person for a loss that was caused by a defalcation of a lawyer if: (1) the lawyer caused the loss while acting for the person as an attorney at law or a fiduciary; and (2) the person cannot recover the money under a bond. (c) The trustees may enforce a claim for restitution arising by subrogation, assignment, or otherwise against any person whose actions gave rise to a claim that the Fund pays.
Maryland Legal Code