§ 6-1450.Provisions for deposit and investment of funds received by the clerk of the county court.
Article 14: Uniform County Court Rules of Practice and Procedure · Last amended July 18, 2008 · Last verified July 22, 2026
In one sentenceThis rule tells county courts how to select and use depository banks for funds paid into court, how to invest individual and pooled trust funds that are not otherwise addressed by law, and how to distribute the interest those investments earn.
(A)Public Moneys Paid to County Court Officials; Depository Banks; Designation; Pledged Securities; List.
(1)All funds paid to any county court shall be deposited in such bank or banks as have been designated as official depositories for such funds. Depository banks shall be such banks as designated by the county judge or judges.
(2)Deposits in excess of the amount insured by the Federal Deposit Insurance Corporation shall be made only as authorized by the provisions of Neb. Rev. Stat. §§ 77-2326.04 through 77-2326.09.
(3)The clerk magistrate of each county court shall submit to the State Court Administrator a current and correct list and description of the securities pledged or in which a security interest has been granted by any depository bank to secure the deposits.
(B)Investment of Moneys Not Otherwise Provided for by Law.
(1)Individual trust funds. Trust funds in excess of $5,000 that can be expected to be held in excess of 90 days in trust by a county court may be placed, upon written request of an interested party, in interest-bearing certificates of deposit or a savings account of a bank or other financial institution or interest-bearing obligations of the federal government. This provision is effective only for individual deposits in excess of $5,000.
(2)Pooled trust funds. Other funds received by the court and pooled should be invested wherever possible with consideration to:
(a)the highest possible interest (such as NOW or SUPER NOW accounts);
(b)the least restrictions (such as minimum balances, limitations on withdrawals, or number of checks per month); and
(c)minimum or no service charges (to the extent service charges are incurred, such charges shall be paid out of state fees received that month).
(1)Individual funds. The interest earned from income accumulated from the investment of moneys from § 6- 1450(B)(1) shall be retained for the benefit of the owner of the funds.
(2)Pooled funds. Each clerk of the court shall transmit the net of any interest from § 6-1450(B)(2), and fees for credit card use reduced first by any costs incurred as a result of credit card use and any other bank charges, to the State Treasurer along with the regular submissions of fees and costs.
Amendment History
Rule 50 amended June 1988. Renumbered and codified as § 6-1450, effective July 18, 2008.
Plain-English Summary
Money paid into county court — bonds, trust funds, and similar deposits — has to go somewhere safe, and § 6-1450 sets the ground rules. Funds are deposited only in banks the county judge or judges have designated as official depositories, and any deposit exceeding FDIC insurance limits has to follow the state statutes governing pledged securities for public deposits. The clerk magistrate keeps the State Court Administrator current on exactly which securities each depository bank has pledged to secure those deposits.
Beyond simple deposits, the rule addresses investing money the court holds when no other law already covers it. An individual trust fund over $5,000 expected to stay in the court's hands for more than 90 days can be placed, at an interested party's written request, into an interest-bearing certificate of deposit, savings account, or federal government obligation. Funds that get pooled together, rather than tracked individually, should be invested with an eye toward the best combination of interest rate, the fewest restrictions on withdrawal, and the lowest service charges, with any unavoidable service charges paid out of state fees collected that month rather than out of the trust funds themselves.
Interest earned does not automatically flow to the state. Interest on an individual fund is retained for the benefit of whoever owns that fund. Interest on pooled funds works differently: the clerk transmits the net interest, along with credit-card-use fees (reduced by any costs the court incurred from accepting cards) and other bank charges, to the State Treasurer along with the court's regular fee and cost submissions.
Frequently Asked Questions
Where can a county court deposit funds paid into it?
Only in banks designated as official depositories by the county judge or judges.
What happens to deposits that exceed FDIC insurance limits?
They must be made only as authorized by the state statutes governing pledged securities for public deposits.
Can an individual trust fund held by the court be invested to earn interest?
Yes, if it exceeds $5,000 and is expected to be held more than 90 days, upon the written request of an interested party.
Who gets the interest earned on an individual trust fund?
It is retained for the benefit of the owner of the funds.
What happens to interest earned on pooled court funds?
The clerk transmits the net interest, along with certain fees and charges, to the State Treasurer with the court's regular fee and cost submissions.
What factors guide how pooled funds are invested?
The highest available interest, the fewest restrictions such as minimum balances or withdrawal limits, and minimal or no service charges.
Source & verification. Section text and amendment history are
reproduced verbatim from the Nebraska Judicial Branch, adopted by the
Supreme Court of Nebraska. Last verified July 22, 2026. ·
Official source
Also known as:county court deposit funds banktrust fund investment county courtdepository bank designation nebraskapooled trust fund interestclerk of court fund investment rules