Duties of the Director of Administration in Making

Investments. The Director of Administration in whose name a security is taken, or by whom an investment is made, must receive the interest and principal as it becomes due, and apply and invest the same as the court may direct, and keep an account in a book provided and kept for that purpose, free for inspection by all persons, of investments and moneys received by it, and the disposition thereof. SOURCE: CCP § 791; amended by P.L. 5-54. Director of Finance changed to Director of Administration pursuant to P.L. 9-239.