§ 10-305. Investment on direction of client or beneficial owner  


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  •    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.


HISTORY: An. Code 1957, art. 10, § 44; 1989, ch. 3, § 1; ch. 502, § 2; ch. 632, § 3.