State Codes and Statutes

Statutes > Maryland > Business-occupations-and-professions > Title-10 > Subtitle-3 > 10-304

§ 10-304. Deposit of trust money.
 

(a)  General requirement.- Except as provided in subsection (b) of this section, a lawyer expeditiously shall deposit trust money into an attorney trust account. 

(b)  Exceptions - Direction of court.- Subsection (a) of this section does not apply if there is a court order to the contrary. 

(c)  Exceptions - Real estate transaction.- Notwithstanding subsection (a) of this section or any other law, a lawyer may disburse, at settlement in a real estate transaction, trust money that the lawyer receives in the transaction. 
 

[An. Code 1957, art. 10, § 44; 1989, ch. 3, § 1; ch. 632, § 3.] 
 

State Codes and Statutes

Statutes > Maryland > Business-occupations-and-professions > Title-10 > Subtitle-3 > 10-304

§ 10-304. Deposit of trust money.
 

(a)  General requirement.- Except as provided in subsection (b) of this section, a lawyer expeditiously shall deposit trust money into an attorney trust account. 

(b)  Exceptions - Direction of court.- Subsection (a) of this section does not apply if there is a court order to the contrary. 

(c)  Exceptions - Real estate transaction.- Notwithstanding subsection (a) of this section or any other law, a lawyer may disburse, at settlement in a real estate transaction, trust money that the lawyer receives in the transaction. 
 

[An. Code 1957, art. 10, § 44; 1989, ch. 3, § 1; ch. 632, § 3.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Business-occupations-and-professions > Title-10 > Subtitle-3 > 10-304

§ 10-304. Deposit of trust money.
 

(a)  General requirement.- Except as provided in subsection (b) of this section, a lawyer expeditiously shall deposit trust money into an attorney trust account. 

(b)  Exceptions - Direction of court.- Subsection (a) of this section does not apply if there is a court order to the contrary. 

(c)  Exceptions - Real estate transaction.- Notwithstanding subsection (a) of this section or any other law, a lawyer may disburse, at settlement in a real estate transaction, trust money that the lawyer receives in the transaction. 
 

[An. Code 1957, art. 10, § 44; 1989, ch. 3, § 1; ch. 632, § 3.]