2011 US Code
Title 28 - Judiciary and Judicial Procedure
Part V - PROCEDURE (§§ 1651 - 2113)
Chapter 129 - MONEYS PAID INTO COURT (§§ 2041 - 2045)
Section 2045 - Investment of court registry funds
View MetadataPublication Title | United States Code, 2006 Edition, Supplement 5, Title 28 - JUDICIARY AND JUDICIAL PROCEDURE |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 28 - JUDICIARY AND JUDICIAL PROCEDURE PART V - PROCEDURE CHAPTER 129 - MONEYS PAID INTO COURT Sec. 2045 - Investment of court registry funds |
Contains | section 2045 |
Date | 2011 |
Laws in Effect as of Date | January 3, 2012 |
Positive Law | Yes |
Disposition | standard |
Source Credit | Added Pub. L. 110-406, §8(a), Oct. 13, 2008, 122 Stat. 4293. |
Statutes at Large Reference | 122 Stat. 4293 |
Public Law Reference | Public Law 110-406 |
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(a) The Director of the Administrative Office of the United States Courts, or the Director's designee under subsection (b), may request the Secretary of the Treasury to invest funds received under section 2041 in public debt securities with maturities suitable to the needs of the funds, as determined by the Director or the Director's designee, and bearing interest at a rate determined by the Secretary of the Treasury, taking into consideration current market yields on outstanding marketable obligations of the United States of comparable maturity.
(b) The Director may designate the clerk of a court described in section 610 to exercise the authority conferred by subsection (a).
(Added Pub. L. 110–406, §8(a), Oct. 13, 2008, 122 Stat. 4293.)
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