The District of Columbia Agreed Order Authorizing Release and Payment of Funds Held in the Court Registry is a legal document issued by the District of Columbia court system. This order pertains specifically to the release and payment of funds held in the court registry. The purpose of this order is to facilitate the proper and timely disbursement of funds that have been placed in the court registry. These funds may include, but are not limited to, judgments, settlements, or other monetary awards obtained through litigation or dispute resolution processes. There are different types of District of Columbia Agreed Order Authorizing Release and Payment of Funds Held in the Court Registry, each serving a specific purpose. Some common types include: 1. Judgment Release Order: This type of order is issued when a court determines that a party is entitled to receive a certain amount of funds as a result of a judgment in their favor. The order authorizes the release and payment of these funds from the court registry to the prevailing party. 2. Settlement Release Order: When parties involved in a legal dispute reach a settlement agreement outside of court, they may request an agreed order authorizing the release and payment of the settlement funds held in the court registry. This order ensures that the agreed-upon funds are disbursed according to the terms of the settlement agreement. 3. Interpleader Release Order: In situations where multiple parties claim entitlement to funds held in the court registry, an interpleader action may be initiated. Once the court determines the rightful recipient of the funds, an agreed order authorizing the release and payment is issued to resolve the interpleader claim. 4. Escrow Release Order: In certain cases, funds may be placed in the court registry as an escrow arrangement, where they are held until specific conditions are met. Once the conditions are fulfilled, an agreed order authorizing the release and payment of these funds is issued, ensuring their proper disbursement. The District of Columbia Agreed Order Authorizing Release and Payment of Funds Held in the Court Registry is a crucial legal instrument that ensures the fair and efficient distribution of funds to the rightful parties. It provides the necessary authorization for the court registry to release and pay out funds in accordance with judicial determinations or agreed-upon settlements.