(DOWNLOAD) "Rainer Mortgage v. Silverwood" by Third Appellate District Court of Appeal of California * Book PDF Kindle ePub Free

March 07, 2021

eBook details

Title: Rainer Mortgage v. Silverwood
Author : Third Appellate District Court of Appeal of California
Release Date : January 02, 1985
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 69 KB

Description

The State Bar of California appeals a judgment declaring the Funds for the Provision of Legal Services to the Indigent Act establishes a voluntary, rather than mandatory, program for depositing nominal and/or short-term client trust funds in an aggregated account from which the interest shall be used to fund approved indigent legal services. We find the relevant statute, Business and Professions Code section 6211, subdivision (a), is plain, clear and unambiguous, prescribing a mandatory disposition of client trust funds which, because they are minimal in amount or are to be held for only a short time, cannot be deposited or invested to earn net income for the client. We then resolve and reject the several constitutional issues raised, but not addressed by the trial court. We reverse.