The Michigan Supreme Court is accepting comments until April 1 about a proposed amendment to provide a procedure for handling remaining funds in an attorney’s trust account if he or she is elected or appointed to judicial office.
Under Canon 7 of the Michigan Code of Judicial Conduct, Section C (1) and (2), there is a proposal to add that if an elected candidate or appointee has remaining, unclaimed funds in a trust account after June 30 or six months after taking office, respectively, “the candidate must promptly transfer control of the funds to the elected candidate’s interim administrator in accordance with subchapter 9.300 of the Michigan Court Rules and Rule 21 of the Rules Concerning the State Bar of Michigan,” according to the Dec. 20 order.
