2019 US Code
Title 28 - Judiciary and Judicial Procedure
Part V - Procedure
Chapter 129 - Moneys Paid Into Court
Sec. 2045 - Investment of court registry funds

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Citation 28 U.S.C. § 2045 (2019)
Section Name §2045. Investment of court registry funds
Section Text

(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).

Source Credit

(Added Pub. L. 110–406, §8(a), Oct. 13, 2008, 122 Stat. 4293.)

Publication Title United States Code, 2018 Edition, Supplement 1, 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 2019
Laws In Effect As Of Date January 24, 2020
Positive Law Yes
Disposition standard
Statutes at Large References 122 Stat. 4293
Public Law References Public Law 110-406
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