An Act To Clarify the Disposition of Funds Presumed Abandoned in a Lawyer's Trust Account
Sec. 1. 33 MRSA §1952, sub-§§7-A and 7-B are enacted to read:
Sec. 2. 33 MRSA §1952, sub-§13, ¶¶F and G, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, are amended to read:
Sec. 3. 33 MRSA §1952, sub-§13, ¶H is enacted to read:
Sec. 4. 33 MRSA §1953, sub-§1, ¶O, as amended by PL 2003, c. 20, Pt. T, §22, is further amended to read:
Sec. 5. 33 MRSA §1959, sub-§5 is enacted to read:
Sec. 6. 33 MRSA §1979, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, is amended to read:
§ 1979. Rules
The administrator may adopt rules pursuant to the Maine Administrative Procedure Act necessary to carry out this Act. Rules adopted under pursuant to this section are routine technical rules under as defined in Title 5, chapter 375, subchapter II-A 2-A. In addition, the Supreme Judicial Court may adopt rules for the provisions of this Act relating to lawyer's trust accounts.
This bill clarifies that funds presumed abandoned under the Uniform Unclaimed Property Act in a lawyer's trust account for which identifying client information can be found must be delivered to the Treasurer of State. It provides that funds presumed abandoned in a lawyer's trust account for which no identifying client information can be found must be transferred to the lawyer's trust account program manager to be used to provide funding to organizations whose primary purpose is to provide civil legal aid to low-income residents of the State.