S.D. Ohio Civ. R. 77.2

The following procedures apply to deposits into the registry of the court in civil actions.

(a) Receipt of Funds

(1) No money may be sent to the court or its officers for deposit into the court’s registry

without an order by a judicial officer.

(2) All money 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.

(3) The party making the deposit or transferring funds to the court’s registry shall serve

the order permitting the deposit or transfer to the clerk.

(b) Investment of Registry Funds

(1) Funds on deposit with the court will be placed in interest-bearing instruments in the

Court Registry Investment System (CRIS) administered by the Administrative

Office of the United States Courts, which is the only investment mechanism

authorized.

(2) Under CRIS, monies deposited in each case under S. D. Ohio Civ. R. 77.2(a) shall

be “pooled” together with those on deposit with the Treasury to the credit of other

courts in CRIS and used to purchase Government Account Series securities through

the Bureau of Public Debt, which will be held at Treasury, in an account in the

name and to the credit of the Director of the Administrative Office of the United

States Courts, hereby designated custodian for the CRIS.

(3) An account for each case will be established in CRIS titled in the name of the case

giving rise to the investment in the fund. Income generated from fund investment

will be distributed to each case based on the ratio each account’s principal and

earnings has to the aggregate principal and income total in the fund. Reports

showing the interest earned and the principal amounts contributed in each case will

be prepared and distributed to each court participating in CRIS and made available

to litigants and/or their counsel.

(c) Deductions of Fees

(1) The custodian is authorized and directed by this rule to deduct the registry fee for

maintaining accounts in CRIS and the investment service fee for the management

of investments. The proper registry fee is to be determined on the basis of the rates

published by the Director of the Administrative Office of the United States as

approved by the Judicial Conference. The investment services fee is assessed from

interest earned according to the court’s Miscellaneous Fee Schedule.

(2) If registry fees were assessed against the case under the old 45-day requirement

prior to deposit in CRIS, no additional registry fee will be assessed.