South Dakota Motion to Withdraw Funds from the Court's Registry

State:
Multi-State
Control #:
US-03349BG
Format:
Word; 
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Description

A court may, on proper application, permit a party in the possession of money (or other valuable item capable of delivery) to deposit the money in court for various reasons including:


" to relieve the depositor of the responsibility of the funds;

" to avoid placing one party at a severe advantage during the period of litigation; and

" to preserve the funds in controversy to ensure that the prevailing party may receive the money it is awarded.

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FAQ

Bar 4-1.6. Rule 4-1.6 - CONFIDENTIALITY OF INFORMATION (a)Consent Required to Reveal Information. A lawyer must not reveal information relating to a client's representation except as stated in subdivisions (b), (c), and (d), unless the client gives informed consent.

In an action in which any part of the relief sought is a judgment for a sum of money or the disposition of a sum of money or the disposition of any other thing capable of delivery, a party may deposit all or any part of such sum or thing with the court upon notice to every other party and by leave of court.

The CRIS registry funds are pooled and used to purchase U.S. Treasury securities. These securities are held to maturity, and the portfolio is structured so that sufficient securities mature each week to pay out funds for all registry cases settled during the week.

Disbursements. Disbursements are pursuant to Court Order or Florida Statutes. Upon receipt of a Court Order or Florida Statutes, a request to the Accounting department is prepared by the Clerk. After preparation of the request, disbursements are usually mailed within 15 working days.

How and where do I deposit money into the Registry of the Court? Payments can be made in person or by mail to Clerk of the Court, PO Box 3360, Tampa FL 33601-3360. Please bring or mail a copy of the court order with the deposit.

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South Dakota Motion to Withdraw Funds from the Court's Registry