ÿWPCõ þn«ŒHŒòEž¡~<_ø¦ýrÁ½.â…™{³"  °uwâÊG¡u.ØŽrüöG\3½&±µ¤ÓAÔyß‹dßï1ïÏèüλ’ξӥ;+“@0ï·ôfŒæ¶Ž—¤ž%îŽ PPRð§•.ìæöä𛧬 òWuË‘¦AÝÜìÓL8Ù„?ã_´–ÌëÓóHÖ:©çðj/4=¬;N#DÊ~>ß9áËÜ,ŸrpCÕ »Ìç£Ù¨<ûÆ­ÑÇÒz›oí¿óŠ^²ó¦‘ê†vð‘-Ž)ï0öjë i;X>«ÏQß¼–w[#íG >¥4Ì}žG9¥‰P×ÿ{L°…Ð!] _{²d$ke>ÁlX‹˜c̵S„*Ƴʖw¢=ŒcAþªI!þŠ°ÜK0ÙÕ·hw…žð±n ÃOChArêYH˜Ó¤²Ù©Çë‚ïºQi-9K5Ÿïx ¹Y%Ùmr´Ö¿¢‡xË;ñ ¤Ý º$TVfm_\7žÅö½'ÿºÅ5JªÐVÙ×{õ:Õë&7²rP®÷ŽR{>¦*©iU12¤K»ñj·ü6Ó)„ìÓ8m2Ay÷A4ÿÃÜæ|²ÖA·4‘§Q%#“XÒÚàH™Ni#ÁÒUN“ %á 0:çU8!^ Ywe4i}Œ mŽN¥UF§bí˜HP LaserJet 4000 Series PCL$,,,,$0(ÖÃ9 Z‹6Times New Roman RegularX(üœ$¡¡ÔUSUS.,Ô<4šÛ 9Z+‹ Courier New ·žl6s œ‹a5b6/“Backup3|xÿU‹ÿÀÀÀ<³\ 9Z+‹.Courier New Regular- ù-Ý ƒüœ!ÝÔUSUS.,ÔÝ  ÝÔ_ÔÑX°ÑòòÔ€XìXXXÔÑ€ÑÑ8€éüXXdìdÈ8ÑÌÌà@¸ ¸ ìàIN€THE€COURT€OF€APPEALS€OF€MARYLANDóóˆÐ \¬ ÐÌÌÌÌÌòòà@ ìàR€U€L€E€S€€€O€R€D€E€RóóˆÐ ` ° ÐÌÌÌÌÌÌÌÓÓà  àThis€Courtððs€Standing€Committee€on€Rules€of€Practice€andÐ `  ÐProcedure€having€submitted€a€Letter€Report€to€the€CourtÐ ¼  Ðrecommending€adoption€of€proposed€new€Rule€16„606.1€and€proposedÐ h¸ Ðamendments€to€Rules€16„602€and€16„609€of€the€Maryland€Rules€ofÐ d ÐProcedure€and€Rule€1.15€of€the€Maryland€Lawyersðð€Rules€ofÐ À ÐProfessional€Conduct,€all€as€set€forth€in€that€Letter€ReportÐ l¼ Ðpublished€in€the€òòMaryland€Registeróó,€Vol.€34,€Issue€3,€pages€257„Ð h Ð260€(February€2,€2007);€andÐ Ð  ÐÌÌà  àThis€Court€having€considered€at€an€open€meeting,€notice€ofÐ Ô"$$ Ðwhich€was€posted€as€prescribed€by€law,€all€those€proposed€Ð €$Ð& Ðrules€changes,€together€with€comments€received,€and€makingÐ ,&|!( Ðcertain€amendments€to€the€proposed€rules€changes€on€its€ownÐ Ø'(#* Ðmotion,€it€is€this€12òòthóó€day€of€March,€2007,Ð „)Ô$, Ðà  àà ` àÌÌÐ ˆ.Ø)2 ЇÌà  àORDERED,€by€the€Court€of€Appeals€of€Maryland,€that€new€RuleÐ \¬ Ð16„606.1€be,€and€it€is€hereby,€adopted€in€the€form€previouslyÐ X Ðpublished;€and€it€is€furtherÐ ´  ÐÌÌÌà  àORDERED€that€amendments€to€Rules€16„602€and€16„609€and€RuleÐ d´  Ð1.15€of€the€Maryland€Lawyersðð€Rules€of€Professional€Conduct€be,Ð `  Ðand€they€are€hereby,€adopted€in€the€form€previously€published;Ð ¼  Ðand€it€is€furtherÐ h¸ ÐÌÌÌà  àORDERED€that€the€rules€changes€hereby€adopted€by€this€CourtÐ h Ðshall€take€effect€on€January€1,€2008€and,€from€and€after€saidÐ Ä Ðdate,€shall€govern€the€conduct€of€attorneys€from€and€after€thatÐ pÀ  Ðdate;€and€it€is€further€Ð !l" ÐÐ  È"$ ÐÓ XÓORDERED€that€a€copy€of€this€Order€be€published€in€the€nextÐ ° Ðissue€of€the€òòMaryland€Registeróó.Ð \¬ ÐÓ XÓÓÓÌÌà  àà ` àà ¸ àà  àà h àà À à/s/€Robert€M.€BellÐ À  Ðà  àà ` àà ¸ àà  àà h àà À à_____________________________Ð – æ Ðà  àà ` àà ¸ àà  àà h àà À àRobert€M.€BellÐ l ¼ ÐÌÌÌà  àà ` àà ¸ àà  àà h àà À à/s/€Irma€S.€RakerÐ Ä  Ðà  àà ` àà ¸ àà  àà h àà À à_____________________________Ð šê  Ðà  àà ` àà ¸ àà  àà h àà À àIrma€S.€Raker€€€Ð pÀ  ÐÌÌÌà  àà ` àà ¸ àà  àà h àà À à/s/€Dale€R.€CathellÐ È Ðà  àà ` àà ¸ àà  àà h àà À à_____________________________Ð žî Ðà  àà ` àà ¸ àà  àà h àà À àDale€R.€CathellÐ tÄ ÐÌÌÌà  àà ` àà ¸ àà  àà h àà À à/s/€Glenn€T.€Harrell,€Jr.Ð Ì Ðà  àà ` àà ¸ àà  àà h àà À à_____________________________Ð ¢ò Ðà  àà ` àà ¸ àà  àà h àà À àGlenn€T.€Harrell,€Jr.Ð xÈ ÐÌÌÌà  àà ` àà ¸ àà  àà h àà À à/s/€Lynne€A.€BattagliaÐ Ð  Ðà  àà ` àà ¸ àà  àà h àà À à_____________________________Ð ¦ö Ðà  àà ` àà ¸ àà  àà h àà À àLynne€A.€BattagliaÐ |Ì  ÐÌÌÌà  àà ` àà ¸ àà  àà h àà À à/s/€Clayton€Greene,€Jr.Ð Ô"$$ Ðà  àà ` àà ¸ àà  àà h àà À à_____________________________Ð ª#ú% Ðà  àà ` àà ¸ àà  àà h àà À àClayton€Greene,€Jr.Ð €$Ð& ÐÌÌÌFiled:€March€12,€2007Ð Ø'(#* ÐÌ/s/€Alexander€L.€CummingsÐ „)Ô$, Ð____________________________Ð Z*ª%- Ѐ€€€€€€€€€€ClerkÐ 0+€&. Ѐ€€Alexander€L.€CummingsÐ ,V'/ ÐÐ  Ü,,(0 ÐÔ‡ XìXXXìÔà@˜ ˜ ìàMARYLAND€RULES€OF€PROCEDUREˆÐ ° ÐÌà@   ìàAPPENDIX:€THE€MARYLAND€LAWYERSðð€RULES€OF€PROFESSIONAL€CONDUCTˆÐ \¬ ÐÌà@Ô Ô ìàCLIENT„LAWYER€RELATIONSHIPˆÐ X ÐÌÌà  àAMEND€Rule€1.15€to€add€to€paragraph€(a)€a€reference€to€theÐ Š Ú ÐÌrecords€creation€and€maintenance€provisions€proposed€to€be€addedÐ 6 †  ÐÌto€the€Rules€in€Title€16,€Chapter€600;€to€require€the€creationÐ â 2  ÐÌand€maintenance€of€records€pertaining€to€the€receipt€of€propertyÐ ŽÞ  ÐÌother€than€funds;€to€change€the€records€retention€period€setÐ :Š  ÐÌforth€in€paragraph€(a);€to€conform€paragraph€(b)€to€Rule€16„Ð æ6 ÐÌ607€b;€and€to€make€stylistic€changes€to€paragraphs€(c),€(d),€andÐ ’â ÐÌ(e);€as€follows:Ð >Ž ÐÌÌRule€1.15.€€Safekeeping€Property.Ð À ÐÌÌÓÓ€€(a)€A€lawyer€shall€hold€property€of€clients€or€third€personsÐ B’ Ðthat€is€in€a€lawyerððs€possession€in€connection€with€aÐ î> Ðrepresentation€separate€from€the€lawyerððs€own€property.€€FundsÐ šê Ðshall€be€kept€in€a€separate€account€maintained€pursuant€to€TitleÐ F –! Ð16,€Chapter€600€of€the€Maryland€Rulesòò,€and€records€shall€beÐ ò!B# Ðcreated€and€maintained€in€accordance€with€the€Rules€in€thatÐ ž#î% ÐChapteróó.€€Other€property€shall€be€identified€òòspecificallyóó€as€suchÐ J%š ' Ðand€appropriately€safeguardedòò,€and€records€of€its€receipt€andÐ ö&F") Ðdistribution€shall€be€created€and€maintainedóó.€€Complete€recordsÐ ¢(ò#+ Ðof€ò òsuchó ó€òòtheóó€account€funds€and€of€other€property€shall€be€kept€byÐ N*ž%- Ðthe€lawyer€and€shall€be€preserved€for€a€period€of€òòat€leastóó€fiveÐ ú+J'/ Ðyears€after€ò òtermination€of€the€representationó ó€òòthe€date€the€recordÐ ¦-ö(1 Ðwas€createdóó.Ð ° Ѐ€(b)€€A€lawyer€may€deposit€the€lawyerððs€own€funds€in€a€clientÐ \¬ Ðtrust€account€ò òfor€the€sole€purpose€of€paying€bank€service€chargesÐ X Ðon€that€account€but€only€in€an€amount€necessary€for€the€purposeó óÐ ´  Ðòòonly€as€permitted€by€Rule€16„607€bóó.Ð ` ° Ѐ€(c)€€Unless€the€client€gives€informed€consent,€confirmed€inÐ  \  Ðwriting,€to€a€different€arrangement,€a€lawyer€shall€deposit€òòlegalÐ ¸  Ðfees€and€expenses€that€have€been€paid€in€advanceóó€into€a€clientÐ d´  Ðtrust€account€ò òlegal€fees€and€expenses€that€have€been€paid€inÐ `  Ðadvance,€to€be€withdrawn€by€the€lawyeró ó€òòand€may€withdraw€thoseÐ ¼  Ðfunds€for€the€lawyerððs€own€benefitóó€only€as€fees€are€earned€orÐ h¸ Ðexpenses€incurred.Ð d Ѐ€(d)€€Upon€receiving€funds€or€other€property€in€which€a€clientÐ À Ðor€third€person€has€an€interest,€a€lawyer€shall€promptly€notifyÐ l¼ Ðthe€client€or€third€person.€€Except€as€stated€in€this€Rule€orÐ h Ðotherwise€permitted€by€law€or€by€agreement€with€the€client,€aÐ Ä Ðlawyer€shall€ò òpromptlyó ó€deliver€òòpromptlyóó€to€the€client€or€thirdÐ pÀ  Ðperson€any€funds€or€other€property€that€the€client€or€thirdÐ !l" Ðperson€is€entitled€to€receive€and,€upon€request€by€the€client€orÐ È"$ Ðthird€person,€shall€ò òpromptlyó ó€render€òòpromptlyóó€a€full€accountingÐ t$Ä& Ðregarding€such€property.Ð  &p!( Ѐ€(e)€€When€òòa€lawyeróó€in€the€course€of€ò òrepresentation€a€lawyeró óÐ Ì'#* Ðòòrepresenting€a€clientóó€is€in€possession€of€property€in€which€twoÐ x)È$, Ðor€more€persons€(one€of€whom€may€be€the€lawyer)€claim€interests,Ð $+t&. Ðthe€property€shall€be€kept€separate€by€the€lawyer€until€theÐ Ð, (0 Ðdispute€is€resolved.€€The€lawyer€shall€ò òpromptlyó ó€distributeÐ |.Ì)2 Ðòòpromptlyóó€all€portions€of€the€property€as€to€which€the€interestsÐ ° Ðare€not€in€dispute.Ð \¬ ÐÓÓà@HH'ìàCOMMENTˆÐ X ÐÌà  à[1]€A€lawyer€should€hold€property€of€others€with€the€careÐ ´  Ðrequired€of€a€professional€fiduciary.€€Securities€should€be€keptÐ Š Ú Ðin€a€safe€deposit€box,€except€when€some€other€form€of€safekeepingÐ ` ° Ðis€warranted€by€special€circumstances.€€All€property€ò òthat€is€theÐ 6 †  Ðpropertyó ó€of€clients€or€third€persons,€including€prospectiveÐ  \  Ðclients,€must€be€kept€separate€from€the€lawyer's€business€andÐ â 2  Ðpersonal€property€and,€if€ò òmoniesó ó€òòmoneyóó,€in€one€or€more€trustÐ ¸  Ðaccounts.€€Separate€trust€accounts€may€be€warranted€whenÐ ŽÞ  Ðadministering€estate€ò òmoniesó ó€òòmoneyóó€or€acting€in€similar€fiduciaryÐ d´  Ðcapacities.€€A€lawyer€should€maintain€on€a€current€basis€booksÐ :Š  Ðand€records€in€accordance€with€generally€accepted€accountingÐ `  Ðpractice€òòand€the€Rules€in€Title€16,€Chapter€600óó€and€comply€withÐ æ6 Ðany€òòotheróó€record„keeping€rules€established€by€law€or€court€order.€Ð ¼  ÐÌÌà  à[2]€ò òWhile€normallyó ó€òòÔ_ÔNormallyÔ_Ôóó€it€is€impermissible€to€commingleÐ >Ž Ðthe€lawyer's€own€funds€with€client€funds,€òòandóó€paragraph€(b)Ð d Ðprovides€that€it€is€permissible€ò òwhen€necessary€to€pay€bankÐ ê: Ðservice€charges€on€that€accountó ó€òòonly€as€permitted€by€Rule€16„607Ð À Ðbóó.€€Accurate€records€must€be€kept€regarding€which€part€of€theÐ –æ Ðfunds€are€the€lawyer's.€€Ð l¼ ÐÌà  à[3]€Paragraph€(c)€of€Rule€1.15€permits€advances€againstÐ h Ðunearned€fees€and€Ô_ÔunincurredÔ_Ô€costs€to€be€treated€as€either€theÐ î> Ðproperty€of€the€client€or€the€property€of€the€lawyer.€€Unless€theÐ Ä Ðclient€gives€informed€consent,€confirmed€in€writing,€to€aÐ šê Ðdifferent€arrangement,€the€Rule's€default€position€is€that€suchÐ pÀ  Ðadvances€be€treated€as€the€property€of€the€client,€subject€to€theÐ F –! Ðrestrictions€provided€in€paragraph€(a).€€In€any€case,€at€theÐ !l" Ðtermination€of€an€engagement,€advances€against€fees€that€have€notÐ ò!B# Ðbeen€incurred€must€be€returned€to€the€client€as€provided€in€RuleÐ È"$ Ð1.16€(d).€€Ð ž#î% ÐÌà  à[4]€Lawyers€often€receive€funds€from€which€the€lawyer's€feeÐ J%š ' Ðwill€be€paid.€€The€lawyer€is€not€required€to€remit€the€clientÐ  &p!( Ðfunds€that€the€lawyer€reasonably€believes€represent€fees€owed.€Ð ö&F") ÐHowever,€a€lawyer€may€not€hold€funds€to€coerce€a€client€intoÐ Ì'#* Ðaccepting€the€lawyer's€contention.€€The€disputed€portion€of€theÐ ¢(ò#+ Ðfunds€must€be€kept€in€a€trust€account€and€the€lawyer€shouldÐ x)È$, Ðsuggest€means€for€prompt€resolution€of€the€dispute,€such€asÐ N*ž%- Ðarbitration.€€The€undisputed€portion€of€the€funds€shall€beÐ $+t&. Ðò òpromptlyó ó€distributed€òòpromptlyóó.€€Ð ú+J'/ ÐÌà  à[5]€Paragraph€(e)€also€recognizes€that€third€parties€mayÐ ¦-ö(1 Ðhave€lawful€claims€against€specific€funds€or€other€property€in€aÐ |.Ì)2 Ðlawyer's€custody,€such€as€a€client's€creditor€who€has€a€lien€onÐ ° Ðfunds€recovered€in€a€personal€injury€action.€€A€lawyer€may€have€aÐ †Ö Ðduty€under€applicable€law€to€protect€such€third„party€claimsÐ \¬ Ðagainst€wrongful€interference€by€the€client.€€In€such€cases,€whenÐ 2‚ Ðthe€third„party€claim€is€not€frivolous€under€applicable€law,€theÐ X Ðlawyer€must€refuse€to€surrender€the€òòfunds€oróó€property€to€theÐ Þ. Ðclient€until€the€claims€are€resolved.€€A€lawyer€should€notÐ ´  Ðunilaterally€assume€to€arbitrate€a€dispute€between€the€client€andÐ Š Ú Ðthe€third€party,€but,€when€there€are€substantial€grounds€forÐ ` ° Ðdispute€as€to€the€person€entitled€to€the€funds,€the€lawyer€mayÐ 6 †  Ðfile€an€action€to€have€a€court€resolve€the€dispute.€€Ð  \  ÐÌà  à[6]€The€obligations€of€a€lawyer€under€this€Rule€areÐ ¸  Ðindependent€of€those€arising€from€activity€other€than€renderingÐ ŽÞ  Ðlegal€services.€€For€example,€a€lawyer€who€serves€only€as€anÐ d´  Ðescrow€agent€is€governed€by€the€applicable€law€relating€toÐ :Š  Ðfiduciaries€even€though€the€lawyer€does€not€render€legal€servicesÐ `  Ðin€the€transaction€and€is€not€governed€by€this€Rule.€€Ð æ6 ÐÌModel€Rules€Comparison.„„€Rule€1.15€is€substantially€similar€toÐ ’â Ðthe€language€of€the€Ethics€2000€Amendments€to€the€ABA€Model€RulesÐ h¸ Ðof€Professional€Conduct,€with€the€exception€of€changes€to€RuleÐ >Ž Ð1.15€(c),€the€addition€of€Comment€[3],€and€the€omission€of€ABAÐ d ÐComment€[6].Ð ê: ÐÌÌÐ  l¼ Ðà@˜ ˜ ìàMARYLAND€RULES€OF€PROCEDUREˆÐ ° ÐÌà@Œ Œ ìàTITLE€16€„€COURTS,€JUDGES,€AND€ATTORNEYSˆÐ \¬ ÐÌà@@ @ ìàCHAPTER€600€„€ATTORNEY€TRUST€ACCOUNTSˆÐ X ÐÌÌà  àAMEND€Rule€16„602€to€make€a€stylistic€change,€as€follows:Ð Š Ú ÐÌÌRule€16„602.€€DEFINITIONS€Ð  \  ÐÌÌÓÓà  àIn€ò òthese€rulesó ó€òòthis€Chapteróó,€the€following€definitionsÐ ŽÞ  Ðapply,€except€as€expressly€otherwise€provided€or€as€necessaryÐ :Š  Ðimplication€requires:€€Ð æ6 Ѐ€a.€€Approved€Financial€Institution.Ð ’â Ðà  à€Ô_Ôð" ðApprovedÔ_Ô€financial€Ô_Ôinstitutionð" ðÔ_Ô€means€a€financialÐ >Ž Ðinstitution€approved€by€the€Commission€in€accordance€with€theseÐ ê: ÐRules.€€Ð –æ Ѐ€b.€€Attorney.Ð B’ Ðà  à€Ô_Ôð" ðAttorneyð" ðÔ_Ô€means€any€person€admitted€by€the€Court€ofÐ î> ÐAppeals€to€practice€law.€€Ð šê Ѐ€c.€€Attorney€Trust€Account.Ð F –! Ðà  à€Ô_Ôð" ðAttorneyÔ_Ô€trust€Ô_Ôaccountð" ðÔ_Ô€means€an€account,€including€anÐ ò!B# Ðescrow€account,€maintained€in€a€financial€institution€for€theÐ ž#î% Ðdeposit€of€funds€received€or€held€by€an€attorney€or€law€firm€onÐ J%š ' Ðbehalf€of€a€client€or€third€person.€€Ð ö&F") Ѐ€d.€€Bar€Counsel.Ð ¢(ò#+ Ðà  à€Ô_Ôð" ðBarÔ_Ô€Ô_ÔCounselð" ðÔ_Ô€means€the€person€appointed€by€the€CommissionÐ N*ž%- Ðas€the€principal€executive€officer€of€the€disciplinary€systemÐ ú+J'/ Ðaffecting€attorneys.€€All€duties€of€Bar€Counsel€prescribed€byÐ ¦-ö(1 Ðthese€Rules€shall€be€subject€to€the€supervision€and€proceduralÐ ° Ðguidelines€of€the€Commission.€€Ð \¬ Ѐ€e.€€Client.Ð X Ðà  à€Ô_Ôð" ðClientð" ðÔ_Ô€includes€any€individual,€firm,€or€entity€for€whichÐ ´  Ðan€attorney€performs€any€legal€service,€including€acting€as€an€Ð ` ° Ðescrow€agent€or€as€a€legal€representative€of€a€fiduciary.€€TheÐ  \  Ðterm€does€not€include€a€public€or€private€entity€of€which€anÐ ¸  Ðattorney€is€a€full„time€employee.€€Ð d´  Ѐ€f.€€Commission.Ð `  Ðà  à€Ô_Ôð" ðCommissionð" ðÔ_Ô€means€the€Attorney€Grievance€Commission€ofÐ ¼  ÐMaryland,€as€authorized€and€created€by€Rule€16„711€(AttorneyÐ h¸ ÐGrievance€Commission).€€Ð d Ѐ€g.€€Financial€Institution.Ð À Ðà  à€Ô_Ôð" ðFinancialÔ_Ô€Ô_Ôinstitutionð" ðÔ_Ô€means€a€bank,€trust€company,Ð l¼ Ðsavings€bank,€or€savings€and€loan€association€authorized€by€lawÐ h Ðto€do€business€in€this€State,€in€the€District€of€Columbia,€or€inÐ Ä Ða€state€contiguous€to€this€State,€the€accounts€of€which€areÐ pÀ  Ðinsured€by€an€agency€or€instrumentality€of€the€United€States.€€Ð !l" Ѐ€h.€€Law€Firm.Ð È"$ Ðà  à€Ô_Ôð" ðLawÔ_Ô€Ô_Ôfirmð" ðÔ_Ô€includes€a€partnership€of€attorneys,€aÐ t$Ä& Ðprofessional€or€nonprofit€corporation€of€attorneys,€and€aÐ  &p!( Ðcombination€thereof€engaged€in€the€practice€of€law.€€In€the€caseÐ Ì'#* Ðof€a€law€firm€with€offices€in€this€State€and€in€otherÐ x)È$, Ðjurisdictions,€ò òtheseó ó€òòtheóó€Rules€òòin€this€Chapteróó€apply€only€to€theÐ $+t&. Ðoffices€in€this€State.€€Ð Ð, (0 ÐSource:€€This€Rule€is€òòderived€fromóó€former€Rule€BU2.€€Ð |.Ì)2 ÐÓÓà@˜ ˜ ìàMARYLAND€RULES€OF€PROCEDUREˆÐ ° ÐÌà@Œ Œ ìàTITLE€16€„€COURTS,€JUDGES,€AND€ATTORNEYSˆÐ \¬ ÐÌà@@ @ ìàCHAPTER€600€„€ATTORNEY€TRUST€ACCOUNTSˆÐ X ÐÌÌà  àADD€new€Rule€16„606.1,€as€follows:Ð Š Ú ÐÌÌRule€16„606.1.€€ATTORNEY€TRUST€ACCOUNT€RECORD„KEEPINGà x àÐ  \  ÐÌÌÓÓ€€(a)€€Creation€of€RecordsÐ ŽÞ  Ðà  à€€The€following€records€shall€be€created€and€maintained€forÐ :Š  Ðthe€receipt€and€disbursement€of€funds€of€clients€or€of€thirdÐ æ6 Ðpersons:Ð ’â Ѐ€€€(1)€€Attorney€Trust€Account€IdentificationÐ >Ž Ðà  à€€€€An€identification€of€all€attorney€trust€accountsÐ ê: Ðmaintained,€including€the€name€of€the€financial€institution,Ð –æ Ðaccount€number,€account€name,€date€the€account€was€opened,€dateÐ B’ Ðthe€account€was€closed,€and€an€agreement€with€the€financialÐ î> Ðinstitution€establishing€each€account€and€its€interest„bearingÐ šê Ðnature.Ð F –! Ѐ€€€(2)€€Deposits€and€DisbursementsÐ ò!B# Ðà  à€€€€A€record€for€each€account€that€chronologically€shows€allÐ ž#î% Ðdeposits€and€disbursements,€as€follows:Ð J%š ' Ðà  à€€(A)€for€each€deposit,€a€record€made€at€or€near€the€time€ofÐ ö&F") Ðthe€deposit€that€shows€(i)€the€date€of€the€deposit,€(ii)€theÐ ¢(ò#+ Ðamount,€(iii)€the€identity€of€the€client€or€third€person€for€whomÐ N*ž%- Ðthe€funds€were€deposited,€and€(iv)€the€purpose€of€the€deposit;Ð ú+J'/ Ѐ€€€€€€(B)€for€each€disbursement,€including€a€disbursement€madeÐ ¦-ö(1 Ðby€electronic€transfer,€a€record€made€at€or€near€the€time€ofÐ ° Ðdisbursement€that€shows€(i)€the€date€of€the€disbursement,€(ii)Ð \¬ Ðthe€amount,€(iii)€the€payee,€(iv)€the€identity€of€the€client€orÐ X Ðthird€person€for€whom€the€disbursement€was€made€(if€not€theÐ ´  Ðpayee),€and€(v)€the€purpose€of€the€disbursement;Ð ` ° Ѐ€€€€€€(C)€for€each€disbursement€made€by€electronic€transfer,€aÐ  \  Ðwritten€memorandum€authorizing€the€transaction€and€identifyingÐ ¸  Ðthe€attorney€responsible€for€the€transaction.Ð d´  ÐCross€reference:€€See€Rule€16„609€c,€which€provides€that€aÐ `  Ðdisbursement€that€would€create€a€negative€balance€with€respect€toÐ ¼  Ðany€individual€client€matter€or€with€respect€to€all€clientÐ h¸ Ðmatters€in€the€aggregate€is€prohibited.Ð d Ѐ€€€(3)€€Client€Matter€RecordsÐ À Ðà  à€€€€A€record€for€each€client€matter€in€which€the€attorneyÐ l¼ Ðreceives€funds€in€trust,€as€follows:€€Ð h Ѐ€€€€€(A)€for€each€attorney€trust€account€transaction,€a€recordÐ Ä Ðthat€shows€(i)€the€date€of€the€deposit€or€disbursement;€(ii)€theÐ pÀ  Ðamount€of€the€deposit€or€disbursement;€(iii)€the€purpose€forÐ !l" Ðwhich€the€funds€are€intended;€(iv)€for€a€disbursement,€the€payeeÐ È"$ Ðand€the€check€number€or€other€payment€identification;€and€(v)€theÐ t$Ä& Ðbalance€of€funds€remaining€in€the€account€in€connection€with€theÐ  &p!( Ðmatter;€andÐ Ì'#* Ѐ€€€€€(B)€an€identification€of€the€person€to€whom€the€unusedÐ x)È$, Ðportion€of€a€fee€or€expense€deposit€is€to€be€returned€whenever€itÐ $+t&. Ðis€to€be€returned€to€a€person€other€than€the€client.Ð Ð, (0 Ѐ€€€(4)€€Record€of€Funds€of€the€AttorneyÐ |.Ì)2 Ðà  à€€€€A€record€that€identifies€the€funds€of€the€attorney€heldÐ ° Ðin€each€attorney€trust€account€as€permitted€by€Rule€16„607€b.Ð \¬ Ѐ€(b)€€Monthly€ReconciliationÐ X Ðà  à€€An€attorney€shall€cause€to€be€created€a€monthlyÐ ´  Ðreconciliation€of€all€attorney€trust€account€records,€clientÐ ` ° Ðmatter€records,€records€of€funds€of€the€attorney€held€in€anÐ  \  Ðattorney€trust€account€as€permitted€by€Rule€16„607€b,€and€theÐ ¸  Ðadjusted€month„end€financial€institution€statement€balance.€€TheÐ d´  Ðadjusted€month„end€financial€institution€statement€balance€isÐ `  Ðcomputed€by€adding€subsequent€deposits€to€and€subtractingÐ ¼  Ðsubsequent€disbursements€from€the€financial€institutionððs€month„Ð h¸ Ðend€statement€balance.Ð d Ѐ€(c)€€Electronic€RecordsÐ À Ðà  à€€Whenever€the€records€required€by€this€Rule€are€created€orÐ l¼ Ðmaintained€using€electronic€means,€there€must€be€an€ability€toÐ h Ðprint€a€paper€copy€of€the€records€upon€a€reasonable€request€to€doÐ Ä Ðso.€€Ð pÀ  ÐÓÓCommittee€note:€€Electronic€records€should€be€backed€up€regularly€Ð !l" Ðby€an€appropriate€storage€device.Ð ò!B# ÐÌÓÓ€€(d)€€Records€to€be€MaintainedÐ ž#î% Ðà  à€€Financial€institution€month„end€statements,€any€canceledÐ J%š ' Ðchecks€or€copies€of€canceled€checks€provided€with€a€financialÐ ö&F") Ðinstitution€month„end€statement,€duplicate€deposit€slips€orÐ ¢(ò#+ Ðdeposit€receipts€generated€by€the€financial€institution,€andÐ N*ž%- Ðrecords€created€in€accordance€with€section€(a)€of€this€Rule€shallÐ ú+J'/ Ðbe€maintained€for€a€period€of€at€least€five€years€after€the€dateÐ ¦-ö(1 Ðthe€record€was€created.Ð ° ÐÓÓCommittee€note:€An€attorney€or€law€firm€may€satisfy€theÐ \¬ Ðrequirements€of€section€(d)€of€this€Rule€by€maintaining€any€ofÐ 2‚ Ðthe€following€items:€original€records,€photocopies,€microfilm,Ð X Ðoptical€imaging,€electronic€records,€or€any€other€medium€thatÐ Þ. Ðpreserves€the€required€data€for€the€required€period€of€time€andÐ ´  Ðfrom€which€a€paper€copy€can€be€printed.Ð Š Ú ÐÌCross€reference:€Rule€1.15€(Safekeeping€Property)€of€the€MarylandÐ 6 †  ÐLawyersðð€Rules€of€Professional€Conduct.Ð  \  ÐÌSource:€€This€Rule€is€new.Ð ¸  ÐÌÌÐ  :Š  Ðà@˜ ˜ ìàMARYLAND€RULES€OF€PROCEDUREˆÐ ° ÐÌà@Œ Œ ìàTITLE€16€„€COURTS,€JUDGES,€AND€ATTORNEYSˆÐ \¬ ÐÌà@@ @ ìàCHAPTER€600€„€ATTORNEY€TRUST€ACCOUNTSˆÐ X ÐÌÌà  àAMEND€Rule€16„609€to€expand€upon€the€prohibition€of€cashÐ Š Ú ÐÌdisbursements,€to€prohibit€a€disbursement€that€would€create€aÐ 6 †  ÐÌnegative€balance,€and€to€make€stylistic€changes,€as€follows:Ð â 2  ÐÌÌRule€16„609.€€PROHIBITED€TRANSACTIONS€Ð d´  ÐÌÌÓÓ€€òòa.€€Generally.óóÐ æ6 Ðà  à€An€attorney€or€law€firm€may€not€borrow€or€pledge€any€fundsÐ ’â Ðrequired€by€ò òtheseó ó€òòtheóó€Rules€òòin€this€Chapteróó€to€be€deposited€in€anÐ >Ž Ðattorney€trust€account,€obtain€any€remuneration€from€theÐ ê: Ðfinancial€institution€for€depositing€any€funds€in€the€account,€orÐ –æ Ðuse€any€funds€for€any€unauthorized€purpose.€€Ð B’ Ѐ€òòb.€€No€Cash€Disbursements.óóÐ î> Ðà  à€An€instrument€drawn€on€an€attorney€trust€account€may€not€beÐ šê Ðdrawn€payable€to€cash€or€to€beareròò,€and€no€cash€withdrawal€may€beÐ F –! Ðmade€from€an€automated€teller€machine€or€by€any€other€method.€AllÐ ò!B# Ðdisbursements€from€an€attorney€trust€account€shall€be€made€byÐ ž#î% Ðcheck€or€electronic€transferóó.€€Ð J%š ' Ѐ€òòc.€€Negative€Balance€Prohibited.óóÐ ö&F") Ðà  à€òòNo€funds€from€an€attorney€trust€account€shall€be€disbursedÐ ¢(ò#+ Ðif€the€disbursement€would€create€a€negative€balance€with€regardÐ N*ž%- Ðto€an€individual€client€matter€or€all€client€matters€in€theÐ ú+J'/ Ðaggregate.óóÐ ¦-ö(1 ÐÓÓSource:€€This€Rule€is€òòderived€in€part€fromóó€former€Rule€BU9€òòand€isÐ ° Ðin€part€newóó.€Ð †Ö ÐÌÌÌÔ#†XìXX XìÐ#Ô