Rule 3 Investment Powers

This rule explains how the money in the Lawyers' Fund for Client Protection can be invested. The fund exists to pay back clients who lost money because a lawyer stole from them or misused their funds. Since the fund holds money that may need to be paid out to victims, there are rules about how that money can be invested in the meantime.

The rule itself doesn't list specific investment options. Instead, it points to another rule, Rule 10.4(g)(3) of the Rules of the Supreme Court, which contains the actual investment guidelines. This means the people who manage the fund must follow whatever investment rules are laid out in that other section.

For someone who has filed a claim with the fund, this rule mostly works behind the scenes. It doesn't affect whether you get paid or how much you might receive. It simply makes sure the fund's money is handled responsibly and legally while it sits ready to help clients who were harmed by their lawyers.