UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF LOUISIANA
ORDER
Appropriate Public Notice and an opportunity having for comment having been given, pursuant
to a majority vote of the active judges of this court;
IT IS ORDERED that effective September 1, 2014, the Local Civil Rules of the United States
District Court for the Eastern District of Louisiana are hereby amended follows:
LR 67.1 Receipt and Deposit of Registry Funds
Funds received in the registry of the court must be deposited by the clerk with this court=s designated
depository in an account bearing interest. at ordinary passbook rates.
If the principal sum deposited is $10,000.00 or more, upon motion of an interested party, a judge
of this court may instruct the clerk to reinvest the sum in an account bearing interest with a
higher return.
LR 67.2 Form of Order
A proposed order to invest registry funds must specify (1) the amount to be invested: (2) the type of
investment and that it must be made at the prevailing rate of interest; (3) the name of the institution, if
other than the court=s designated depository; and (4) the length of time the fund is to be invested and
whether it is to be automatically rolled over at maturity. The order must be consented to in writing by
all parties who might ultimately be determined to be entitled to the fund and who might be adversely
affected by any provision such as a possible penalty for early withdrawal of the fund.
A proposed order pertaining to the investment of registry funds must be accompanied by a
certification by the moving party that the proposed order has been submitted to the clerk for review.
Before the signing of the order, the clerk will certify to the judge that the proposed order
is in compliance with the United States Treasury Regulations governing deposit of registry funds.
The moving party must confirm that the clerk and the financial administrator have actual knowledge
of any order signed by a judge directing that registry funds be invested other than in the court=s
savings account. The moving party must verify that the provisions of the order have been carried out.
Unless otherwise specifically provided by order of a judge of this court, the ultimate beneficiary or
beneficiaries of any appreciation resulting from investing in interest-bearing accounts must be that
person or those persons ultimately found to be entitled to receive the principal thereof.
An order signed by the presiding judge in the case or proceeding is required for money to be sent to
the Court or its officers for deposit in the Court's registry. 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. 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.
26thday of August, 2014.
New Orleans, Louisiana, this____
_________________________________
SARAH VANCE, Chief Judge
