28 U.S.C. § 2714 — Investment of proceeds of attached property
submitted 66 years ago by Pub. L. 86-682 to r/title-28-JUDICIARY-AND-JUDICIAL-PROCEDURE · 48 words · no verdicts yet
If attached property is sold under an interlocutory order or produces revenue, the money must be invested in United States securities under the court’s order. Any increase from that investment remains subject to the court’s order.
When attached property is sold under an interlocutory order or produces revenue, the money from the sale or revenue must be invested, under the court’s order, in United States securities. Any increase earned from those investments remains subject to the court’s order.
When the property attached is sold on an interlocutory order or is producing revenue, the money arising from the sale or revenue shall be invested, under the order of the court, in securities of the United States. The accretions therefrom are subject to the order of the court.
Source credit: (Added Pub. L. 86–682, § 9, Sept. 2, 1960, 74 Stat. 707.)
- 1960Enacted · Pub. L. 86-682 · 74 Stat. 707
A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-682 on 1960-09-02.
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