Title 28 — Judiciary and Judicial ProcedureRelease 119-73

§2045 Investment of court registry funds

Title 28 › Part PART V— - PROCEDURE › Chapter CHAPTER 129— - MONEYS PAID INTO COURT › § 2045

Last updated Apr 6, 2026|Official source

Summary

The Director of the Administrative Office of the U.S. Courts, or someone the Director picks, may ask the Secretary of the Treasury to invest funds received under section 2041 in U.S. government debt securities (for example, Treasury bonds). The Director or their pick decides what maturities the funds need, and the Treasury Secretary sets the interest rate by looking at current market yields for similar U.S. obligations. The Director can let a court clerk named in section 610 use this authority and make the requests.

Full Legal Text

Title 28, §2045

Judiciary and Judicial Procedure — Source: USLM XML via OLRC

(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).

Reference

Citations & Metadata

Citation

28 U.S.C. § 2045

Title 28 — Judiciary and Judicial Procedure

Last Updated

Apr 6, 2026

Release point: 119-73