(a) Orders Pursuant to Fed. R. Civ. P. 67.
Any party who seeks a court order for the deposit of funds pursuant to Fed. R. Civ.P. 67
must prepare a proposed order for the court and serve the same upon the clerk of this court. Filing Users in cases assigned to the Electronic Filing System must submit this proposed order directly to the appropriate judge or magistrate judge in the form and manner set forth in the Administrative Procedures Guide. Parties may and should utilize forms or proposed motions and orders that are maintained and available at each record office of the court for this purpose.
(b) Investment in Income-Earning Account. In cases where a party depositing funds with the clerk desires that the funds be invested with a named institution, the order shall so specify but, in the absence of specific directions to the contrary, all registry funds will be invested in a general interest-bearing account in the bank selected for that period through appropriate bidding procedures.
(c) Disbursements from Income-Earning Account.
(1) All funds disbursed under this rule will be disbursed only on order of the
court. Unless the court orders otherwise, the clerk will disburse the funds no earlier than 14 days after the date of the court order.
(2) All funds deposited in an income-earning account on or after December 1,
1990, will be assessed a charge of 10% of the income earned regardless of the nature of the case underlying the investment.
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As amended 4/15/20; 3/17/10, 3/05, 3/04, 3/13/92.