UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF KENTUCKY
GENERAL ORDER NO. 2016-06
IN RE: DEPOSIT AND INVESTMENT OF REGISTRY FUNDS
In accordance with General Order 2012-02, the Court implemented the use of the Court
Registry Investment System (“CRIS”) for the deposit and investment of registry funds. With the
creation of a Minors’ Fund within CRIS to address post-adjudication deposits held until a minor’s age
of majority, the Court entered General Order 2013-10 directing that future monies deposited into the
registry on behalf of minors be invested via the Minor’s Fund.
WHEREAS the Court has determined that it is necessary to adopt local procedures to ensure
uniformity in the deposit, investment, and tax administration of funds in the Court’s Registry,
IT IS ORDERED that the following shall govern the receipt, deposit, and investment of
registry funds:
I. Receipt of Funds
A. No money shall be sent to the Court or its officers for deposit in the Court’s registry without a
court order signed by the presiding judge in the case or proceeding.
B. The party making the deposit or transferring funds to the Court’s registry shall serve the order
permitting the deposit or transfer on the Clerk of Court.
C. Unless provided for elsewhere in this Order, all monies ordered to be paid to the Court or
received by its officers in any case pending or adjudicated shall be deposited with the Treasurer
of the United States in the name and to the credit of this Court pursuant to 28 U.S.C. ' 2041
through depositories designated by the Treasury to accept such deposit on its behalf.
II. Investment of Registry Funds
A. Where, by order of the Court, funds on deposit with the Court are to be placed in some form of
interest-bearing account or invested in a court-approved, interest-bearing instrument in
accordance with Rule 67 of the Federal Rules of Civil Procedure, the Court Registry
Investment System (“CRIS”), administered by the Administrative Office of the United States
Courts under 28 U.S.C. § 2045, shall be the only investment mechanism authorized.
B. Interpleader funds deposited under 28 U.S.C. § 1335 meet the IRS definition of a “Disputed
Ownership Fund” (DOF), a taxable entity that requires tax administration. Unless otherwise
ordered by the court, interpleader funds shall be deposited in the DOF established within the
CRIS and administered by the Administrative Office of the United States Courts, which shall
be responsible for meeting all DOF tax administration requirements.
