Colorado

Civil Procedure

Civil Procedure

Rule 252.7 – Duties and Responsibilities of the Board

(a) The Board shall have the following duties and responsibilities:

(1) To receive, and in its sole discretion evaluate, investigate, determine and pay claims;
(2) To promulgate rules of procedure not inconsistent with these rules;
(3) In its discretion, if warranted and prudent, to fix a maximum amount of payment per claim payable from the fund and/or of the aggregate amount which may be paid because of the dishonest conduct of any one attorney;
(4) To solicit and receive funds from donations and other sources in addition to annual attorney registration fees;
(5) To invest prudently such portions of the funds as may not be needed currently to pay losses;
(6) To provide a full report annually to the Supreme Court and to make other reports as necessary;
(7) To publicize its activities to the public and the Bar;
(8) To retain and compensate consultants, actuaries, agents, legal counsel and other persons as necessary;
(9) To pursue claims for restitution to which the Fund is entitled;
(10) To engage in studies and programs for client protection and prevention of dishonest conduct by attorneys; and
(11) To perform all other acts necessary or proper for the fulfillment of the purposes and effective administration of the fund.
(b) Regulation Counsel shall assist the Board in the effective and efficient performance of its functions, including but not limited to investigation of claims.

C.R.C.P. 252.7

Source: Added and adopted June 25, 1998, effective January 1, 1999.