AK · rules
Alaska Bar R. 53
Consideration by the Board
(a) All reports filed by the Committee pursuant to Rule
52(d) are advisory only and shall be placed upon the calendar
of the Board for consideration.
(b) The Board has the sole and final authority to
determine whether and to what extent any application for
reimbursement shall be granted and shall determine the order,
manner (which may be in installments), and amount of
payment of each application. The Board may postpone
consideration of any application until after any disciplinary
action or any court proceeding pending or contemplated has
been completed.
(c) Before the Board directs that payment from the Fund
be made it must find that a reimbursable loss as defined in
these rules has been established and the extent of the said loss.
(d) The loss to be paid to any individual claimant as the
result of any dishonest act or omission in any one transaction,
matter or proceeding involving any one lawyer shall not
exceed the lesser of the following sums: (a) $100,000, or (b)
10% of the Fund at the time the award is made. The total
amount to be paid to all claimants in any one year shall not
exceed 50% of the total amount of the Fund as of January 1 of
the calendar year in which the awards are made.
History
(Added by SCO 214 effective January 1, 1976; amended by SCO 722 effective December 15, 1986; by SCO 1029 effective July 15, 1990; and by SCO 2037 effective March 6, 2025)
Provenance
- Source
- courts.alaska.gov
- Retrieved
- 2026-09-24
- Edition
- 2026-09-24
- Content hash
6ac2d7274324078fb7540d269a11fb5eea96b2e5968b2b7da489aafb26e7d6cf
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