The Client Protection Fund of the Bar of Maryland, formerly known as The Clients' Security Trust Fund, was established in 1965 to maintain the integrity and protect the reputation of the legal profession. Supported by practicing attorneys, the Fund reimburses claimants for losses resulting from theft of funds by members of the Maryland Bar acting as attorneys or fiduciaries.
Administered by nine trustees, eight of whom are lawyers, the Client Protection Fund aims to uphold the good name of the legal profession by providing reimbursement to clients for losses caused by defalcation by lawyers. The Fund covers losses resulting from the misappropriation of funds by Maryland Bar members, except for those who are bonded, and out-of-state attorneys authorized to practice in Maryland.
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