70-29-330: Duty of clerk as to security and investments.
Where this section sits in the code
- TITLE 70. PROPERTY
- CHAPTER 29. PARTITION OF REAL PROPERTY
- Part 3. Sale and Disposition of Proceeds
The clerk of court in whose name a security is taken or by whom an investment is made and the clerk's successors in office:
(1) must receive the interest and principal as it becomes due and shall apply and invest the interest and principal as the court may direct;
(2) shall deposit with the county treasurer all securities taken; and
(3) shall keep an account of investments and money received and the disposition of the investments and money in a book provided and kept for that purpose in the clerk's office that is free for inspection by all persons.
Collected 2026-09-14T04:58:46Z. Source file · JSON