(a) The Supreme Court shall provide for fundingby the lawyers licensed in this state in amounts adequate for the properpayment of claims and costs of administering the Fund subject to paragraph (c).
(b) All determinations with regard to fundingshall be within the discretion of the Board, subject to approval of the SupremeCourt.
(c) The Bar shall have the authority to assessits members for purposes of maintaining the Fund at sufficient levels to payeligible claims in accordance with these rules. The Committee shall reportannually to the Commission on a timely basis as to known prospective claims aswell as total claims paid to date so that an appropriate assessment can be made for the upcoming fiscal year. After theassessment at the beginning of the fiscal year is determined, the Fund balanceshall be set in an amount of not less than $200,000. The Bar shall then reportto the Supreme Court as to known prospective claims as well as total claims paidto date after which the final assessment and fund balance shall be set with theCourt?s approval.
(d) A lawyer's failure to pay any fee assessedunder paragraph (c) shall be cause for administrative suspension from practiceuntil payment has been made.
(e) Any lawyer whoseactions have caused payment of funds to a claimant from the Fund shallreimburse the Fund for all monies paid out as a result of his or her conductwith interest at legal rate, in addition to payment of the assessment for theprocedural costs of processing the claim and reasonable attorney fees incurredby the Bar's Office of Professional Conduct or any other attorney orinvestigator engaged by the Committee to investigate and process the claim as acondition of continued practice.
(e)(1) In discipline cases where a lawyerreceives a public reprimand and the Fund pays an eligible claim, the lawyer?slicense to practice shall be administratively suspended for non-payment until reimbursement to the Fund has been made by the lawyer.