Well, where we are now is that in August the Board of Governors adopted a by-law creating a Clients' Indemnity Fund, as President Gardner mentioned. We have such a fund or will have as soon as the Board appropriates the $5,000.00 called for by the by-laws as the initial fund. Now, in this fund the initial appropriation will be $5,000.00 to create that fund, which will be administered and held by the Board of Governors.
Donald E. Spickard,
State Bar Journal,
Report of the Clients' Indemnity Fund Committee,
35 Wash. L. Rev. & St. B.J.
Available at: https://digitalcommons.law.uw.edu/wlr/vol35/iss4/3