In accordance with Fed. R. Civ. P. Rule 67, and 28 U.S.C. § 2041 -- parties may deposit funds into the court's registry for cases involving monetary judgments. A court order is required before funds may be accepted and receipted into the court's registry. The court order may further provide for investment of the funds into an interest bearing account within the Court Registry Investment System (CRIS), maintained by the Clerk of Court.
A Registry Fee will be collected on funds ordered invested into an interest bearing account, as directed by the Judicial Conference of the United States (JCUS) and authorized by Congress, pursuant to 28 U.S.C. § 1914 and the Southern District of Indiana's Order Regarding Deposit of Funds with the Court.
Disbursement of Registry Funds:
Pursuant to 28 U.S.C. § 2042, no funds in the registry may be disbursed except by order of the court. The proposed court order to disburse funds must include each payee's full name, complete address, the amount to be disbursed to each payee, and a completed IRS Taxpayer Identification Form (W-9) for each payee.
Additional Procedures for Disputed Ownership Funds:
When moving to deposit Disputed Ownership Funds (generally, funds deposited pursuant to the interpleader statute - 28 U.S.C. § 1335, Fed. R. Civ. P. 22, or similar authority) the following additional procedures must be followed:
(1) File the motion using the event "Interpleader Deposit (28 U.S.C. Section 1335)";
(2) Attach a completed Registry Deposit Information Form (available on the Court's website) as an Exhibit to the motion.
When moving to disburse Disputed Ownership Funds, use the event "Motion for Interpleader Disbursement (28 U.S.C. Section 1335)."