§ 10-304. Deposit of trust money

Latest version.

(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.

HISTORY: An. Code 1957, art. 10, § 44; 1989, ch. 3, § 1; ch. 632, § 3.

                    
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