28-U.S.C.-2714

28-U.S.C.-2714

§2714 – Investment of Proceeds of Attached Property

Pathway

Title 28 > Part VI > Chapter 173 > Section 2714

Details

  • Reference: Section 2714
  • Legend: §2714 – Investment of Proceeds of Attached Property
  • USCode Year: 2013

Provision Content

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.

(Added Pub. L. 86–682, §9, Sept. 2, 1960, 74 Stat. 707.)

Codification

Section was derived from R.S. §928, which was originally classified to section 741 of former Title 28. Following the general revision and enactment of Title 28 by act June 25, 1948, R.S. §928 was reclassified to section 841 of Title 39. R.S. §928 was repealed by section 12(c) of Pub. L. 86–682 (section 1 of which revised and enacted Title 39), and reenacted by section 9 thereof as section 2714 of this title.

U.S. Encyclopedia of Law Coverage

28-U.S.C.-2644 in the Legal Encyclopedia: Judiciary

In this entry about 28-U.S.C.-2644, find legal reference material, bibliographies and premiere content related to judiciary in the American Encyclopedia of Law, presenting a comprehensive view of the United States judiciary-specific issues, written by authorities in the field.

28-U.S.C.-2641 in the Legal Encyclopedia: Proceedings

In this entry about 28-U.S.C.-2641, find legal reference material, bibliographies and premiere content related to proceedings in the American Encyclopedia of Law, presenting a comprehensive view of the United States proceedings-specific issues, written by authorities in the field.

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