Rule 14-913. Payment ofreimbursement.
(a) The Board may, from time to time, fix a maximum amount ofreimbursement that is payable by the Fund. Initially, the maximum amount shall be$10,000 per claim and $25,000 total dollars within any given calendar year withregards to an individual lawyer.
(a)(1) There shall be a lifetime claim limit of $425,000 per lawyer.
(b) Claimant shall be reimbursed for losses in amounts to be determinedby the Board after recommendations by the Committee. Reimbursement shall notinclude interest and other incidental and out-of-pocket expenses.
(c) Payment of reimbursement shall be made in such amounts and at suchtime as the Board approves and may be paid in lump sum or installment amounts.In the event that the Committee determines that there is a substantiallikelihood that claims against the lawyer may exceed either the annual orlifetime claim limits, claims may be paid on a pro rata basis or otherwise asthe Board and the Committee determine is equitable under the circumstances.
(d) If a claimant is a minor or an incompetent, the reimbursement maybe paid to any proper and legally recognized person or authorized entity forthe benefit of the claimant.