Local Rule Rule 508: Investment of Registry Funds
D. Md. — General rule
RULE 508. INVESTMENT OF REGISTRY FUNDS
The Court shall, by standing order, set the amount of funds deposited in the Court Registry which shall be invested at interest. These funds shall be placed in an interest bearing account or such other investment as is ordered by the Court. Funds in any one (1) case will be divided as necessary to assure full F.D.I.C. coverage of principal and interest. All funds invested at interest will be assessed a charge pursuant to the fee schedule set by the Judicial Conference of the United States.
In the event the Clerk is not present for service of the order required by Fed. R. Civ. P. 67, such service shall be made upon the Chief Deputy Clerk or the Finance Clerk, only.