Title 28, Judiciary and Judicial ProcedureRelease 119-102
§2045 Investment of Court Registry Funds
Title 28 › PART V — PROCEDURE › CHAPTER 129 — MONEYS PAID INTO COURT › § 2045
Summary
The Director of the Administrative Office of the U.S. Courts, or someone the Director picks, can ask the Secretary of the Treasury to invest funds received under section 2041 in U.S. public debt with maturities the Director chooses. The Treasury sets the interest rate by looking at current yields on similar government debt. The Director can give this authority to a court clerk named in section 610.
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
Aug 21, 2026
Release point: 119-102