(a) Deposit in Lieu of Surety
In lieu of surety in any case there may be deposited with the Clerk lawful United States currency,
certificates of deposit issued by a bank licensed to do business in the United States, negotiable bonds approved
by the Court or notes of the United States. If certificates of deposit, negotiable bonds or notes are deposited, the
depositor shall execute the agreement required by 31 U.S.C. §9303, authorizing the Clerk to collect or sell the
bonds or notes in the event of default. In the case of certificates of deposit, the depositor shall notify the banking
institution that the depositor's rights in the certificate of deposit have been assigned to the Clerk, United States
District Court, and the banking institution shall acknowledge such notification to the Clerk. Unless ordered
otherwise, the Clerk automatically shall reinvest the certificate of deposit at the maturity date at the then
prevailing rate of interest.
(b) Attorney Shall Not Provide Surety
No attorney shall tender his or her own funds or otherwise personally serve as surety for costs in any suit
pending in the Court, except by special leave of the Court.
Amended: June 19, 2013.
