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AL · rules

Ala. St. Bar Client Sec. Fund R. 10

Subrogation

activein force · 2011-01-14 – presentact-effective-date

A. If reimbursement is made, the Fund shall be subrogated in the amount of

the reimbursement and the Committee may bring such action as is deemed advisable

against the lawyer or the lawyer's estate. Such action may be brought either in the name

of the applicant or in the name of the Committee. Prior to payment of the claim the

applicant shall be required to execute a subrogation agreement. Upon commencement

of an action by the Committee, pursuant to its subrogation rights, it shall advise the

applicant, who may then join in such action to recover losses in excess of the amount of

the reimbursement from the Fund.

B. Should the applicant bring an action for recovery of unreimbursed losses

directly against the lawyer, or the lawyer's estate, the applicant shall notify the Committee

of such action.

C. The applicant is expected to cooperate in any effort the Committee

undertakes to achieve reimbursement for the Fund.

History

[Amended eff. 1-14-2011.] Note from the reporter of decisions: The order amending the Alabama State Bar Client Security Fund Rules, effective January 14, 2011, is published in that volume of the Alabama Reporter that contains Alabama cases from So. 3d.

Provenance

Source
judicial.alabama.gov
Retrieved
2026-09-15
Edition
2026-09-15
Content hash
152f68c57a00f25eea5f5236c199c09714cbca4e7454bb7cf9373e58d063b13a
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Ala. St. Bar Client Sec. Fund R. 10 — Subrogation · binding.law