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New Process for Deposit of Interpleader Funds

Friday, March 31, 2017

Deposit of Interpleader Funds (28 U.S.C. § 1335)
Friday, March 31, 2017
Interpleader funds deposited under 28 U. S.C. § 1335 meet the IRS definition of a “Disputed Ownership Fund” (DOF), a taxable entity that requires tax administration.  Pursuant to General Order 3:17-mc-13, unless otherwise ordered by the court, interpleader funds shall be deposited in the DOF established within the Court Registry Investment System (CRIS) and administered by the Administrative Office of the United States Courts, which shall be responsible for meeting all DOF tax administration requirements.
Effective April 1, 2017, parties filing in ECF a Motion to deposit interpleader funds with the court or to seek a disbursement of such funds will need to use specific ECF events to do so, as outlined in our Filing Tips for interpleader funds.  If you need assistance, you may call Connie Diamond, Data Quality Administrator (304) 267-5682 for further assistance.