§ 20-1308. Deposits in State Judicial Retirement Fund and State Judicial Fund.  


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  • Clerks in counties having a population of less than seventy thousand (70,000) must transmit each quarter for deposit in the State Judicial Revolving Fund the amount by which the receipts deposited in the court fund for the quarter, including the interest earned on the court fund, exceeds the expenses for the quarter, provided the court clerk shall retain from the excess amount a sum equal to twenty percent (20%) of the expenses for the quarter.  Clerks in counties having a population of seventy thousand (70,000) or more shall transmit each month for deposit in the State Judicial Revolving Fund the amount by which the receipts deposited in the court fund for the reporting period for the report required by Section 1307 of this title, including interest earned on the court fund, exceeds the expenses for the reporting period, provided the clerk shall retain from the excess amount a sum equal to twenty percent (20%) of the expenses for the reporting period.  Within thirty (30) days after the end of each fiscal year, the court clerk, in addition to the other amounts due hereunder, shall transmit to the Supreme Court for deposit in the State Judicial Revolving Fund an amount equal to the gross receipts for the entire past fiscal year less the total amount of expenses, as defined in subsection A of Section 1307 of this title, and less the transfers made for the past fiscal year.

Added by Laws 1968, c. 412, § 9, emerg. eff. April 7, 1968.  Amended by Laws 1970, c. 153, § 1, emerg. eff. April 7, 1970; Laws 1973, c. 236, § 12, emerg. eff. May 24, 1973; Laws 1975, c. 55, § 8, emerg. eff. April 9, 1975; Laws 1978, c. 212, § 15, eff. July 1, 1979; Laws 1980, c. 160, § 1, eff. July 1, 1980; Laws 1991, c. 286, § 17, eff. July 1, 1991; Laws 1992, c. 303, § 26, eff. July 1, 1992; Laws 1994, c. 225, § 6, eff. July 1, 1994; Laws 1995, c. 193, § 2, eff. July 1, 1995; Laws 1997, c. 323, § 3, eff. July 1, 1997; Laws 1998, c. 2, § 2, emerg. eff. Feb. 19, 1998; Laws 1998, c. 51, § 14, emerg. eff. April 2, 1998; Laws 2004, c. 443, § 6, eff. July 1, 2004.

Note

NOTE:  Laws 1991, c. 238, § 29 repealed by Laws 1992, c. 303, § 31, eff. July 1, 1992.