- Whenever a party seeks a Court order for money to be deposited by the Clerk in an interest-bearing account or investment, the party shall file with the Clerk’s Office a motion and submit a proposed order.
- If the Court issues the order, the Clerk is authorized and directed to deduct from the income earned on the deposit a fee not to exceed that authorized by the Judicial Conference of the United States and set by the Director of the Administrative Office of the U.S. Courts in accordance with the schedule which shall be published periodically by the Director in the Federal Register. This fee shall apply to all registry fund investments regardless of the nature of the case underlying the investment at the conclusion of the case.
Note: See Standing and Administrative Orders, available at www.flnb.uscourts.gov, regarding procedures, fee information, and tax administration policies specific to registry funds.
Advisory Committee Notes
The amended rule includes only stylistic changes. The format of subdivisions is changed to maintain a consistent style across all rules. An advisory note has been added directing parties to current information located on the court’s website for registry-fund policies.