Title 28, Judiciary and Judicial ProcedureRelease 119-102
§2714 Investment of Proceeds of Attached Property
Title 28 › PART VI — PARTICULAR PROCEEDINGS › CHAPTER 173 — ATTACHMENT IN POSTAL SUITS › § 2714
Summary
If attached property is sold on an interlocutory order or earns money, the court must invest the funds in U.S. securities.
Full Legal Text
Title 28, §2714
Judiciary and Judicial Procedure, Source: USLM XML via OLRC
When the property attached is sold on an interlocutory order or is producing revenue, the money arising from the sale or revenue shall be invested, under the order of the court, in securities of the United States. The accretions therefrom are subject to the order of the court.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification Section was derived from R.S. § 928, which was originally classified to section 741 of former Title 28. Following the general revision and enactment of Title 28 by act June 25, 1948, R.S. § 928 was reclassified to section 841 of Title 39. R.S. § 928 was repealed by section 12(c) of Pub. L. 86–682 (section 1 of which revised and enacted Title 39), and reenacted by section 9 thereof as section 2714 of this title.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective Sept. 1, 1960, see section 11 of Pub. L. 86–682, 74 Stat. 708.
Reference
Citations & Metadata
Citation
28 U.S.C. § 2714
Title 28, Judiciary and Judicial Procedure
Last Updated
Aug 21, 2026
Release point: 119-102