HB 1045 | Authorizes circuit courts to deposit court funds in savings deposits of credit unions and other investments |
HB 1045 - This act allows a circuit court to have funds
collected by the court clerk, other than court costs, deposited
in savings deposits of credit unions. The funds may only be
placed in investments permitted by the State Treasurer under
constitutional provision. Deposits in excess of federal deposit
insurance limits must be secured by government securities or in
accordance with the State Treasurer's requirements.
RUSS HEMBREE