Court Registry Investment System (CRIS)

CRIS - Court Registry Investment System
https://www.scribd.com/doc/164548070/CRIS-Court-Registry-Investment-System

What is CRIS?

The Court Registry Investment System (CRIS) is an interest-bearing cash management tool administered by the Administrative Office of the U.S. Courts that provides Clerks with an easy, efficient and safe way to comply with federal requirements concerning the handling of Court Registry Funds.
http://www.njd.uscourts.gov/cris

(1) Court Registry Investment System
(A) Unless otherwise ordered, the Court Registry Investment System (CRIS), administered through the Administrative Office of the United States Courts, shall be the investment mechanism authorized.

(B) Interpleader funds deposited under 28 U.S.C. § 1335 meet the IRS definition of a Disputed Ownership Fund (DOF), a taxable entity that requires tax administration. Unless otherwise ordered by the court, interpleader funds shall be deposited in the DOF established within the CRIS and administered by the Administrative Office of the United States Courts, which shall be responsible for meeting all DOF tax administration requirements.

(C) The Director of Administrative Office of the United States Courts is designated as custodian for all CRIS funds. The Director or the Director’s designee shall perform the duties of custodian. Funds held in the CRIS remain subject to the control and jurisdiction of the Court.

(D) Under CRIS, monies deposited in each case will be “pooled” together with those on deposit with the Treasury to the credit of other courts in CRIS and used to purchase Government Account Series securities through the Bureau of Public Debt, which will be held at the Treasury in an account in the name and to the credit of the Director of Administrative Office of the United States Courts, hereby designated custodian for CRIS. The pooled funds will be invested in accordance with the principles of the CRIS Investment Policy as approved by the Registry Monitoring Group.

      (i) For non-DOF case funds, an account will be established in the CRIS Liquidity Fund titled in the name of the case giving rise to the deposit invested in the fund. Income generated from fund investments will be distributed to each case based on the ratio each account’s principal and earnings has to the aggregate principal and income total in the fund after the CRIS fee has been applied.

      (ii) For DOF case funds, an account shall be established in the CRIS Disputed Ownership Fund, titled in the name of the case giving rise to the deposit invested in the fund. Income generated from fund investments will be distributed to each case based on the ratio each account's principal and earnings has to the aggregate principal and income after the DOF fee has been applied and tax withholdings have been deducted from the fund.  On appointment of an administrator authorized to incurexpenses on behalf of the DOF in a case, the case DOF funds should be transferred to the CRIS Liquidity Fund or another investment account as directed by court order.

(E) Reports showing the interest earned and the principal amounts contributed in each case will be available through the FedInvest/CMS application and will be made available to litigants and/or their counsel.
http://www.nhd.uscourts.gov/content/1-court-registry-investment-system

II. INVESTMENT OF REGISTRY FUNDS

A. Where by stipulation of the parties and approval of the court, funds on deposit with the court
are to be placed in some form of interest-bearing account, the Court Registry Investment System
(CRIS) administered through the United States District Court for the Southern District of Texas,
shall be the only investment mechanism authorized.

B. Under CRIS, monies deposited in each case under paragraph I.B.. above, will be pooled
together with those on deposit with Treasury to the credit of other courts in CRIS and used to
purchase Treasury Securities, which will be held at the Federal Reserve Bank of Dallas in a
safekeeping account in the name and to the credit of the Clerk, United States District Court for
the Southern District of Texas, hereby designated custodian for CRIS.

C. An account for each case will be established in CRIS titled in the name of the case giving rise
to the investment in the system. Earnings received from fund investments will be distributed to
each case based on the ratio each account's principal and earnings has to the aggregate principal
and income total in the fund each week. Weekly reports showing the interest earned and the
principal amounts contributed in each case will be prepared and distributed to each court
participating in CRIS and made available to litigants and/or their counsels.
https://archive.org/stream/CourtRegistryInvestmentSystem-Crrs-Chris-JudicialCorruption/General_orderNo24CourtRegistryInvestmentSystem-Crrs-Dallas_djvu.txt

CHRS, also known as Chris, which stands for Court Registered Investment System.
This is the accounting system used by the Judicial Branch (read Judges) who often mis-allocate justice, in the interest of continuing the transfer of wealth from the defendants (that would be actual people, most of the time) to their bank accounts.

Securitization of a legal case, happens when Judges attach a monetary judgement, or a penalty to a case, and then hold the defendant as the collateral, until the promised amount shows up in the account of the Judicial Branch.
https://archive.org/details/TheCourtRegistryInvestmentSystemcrisPursuantToRule67OfProcedure-

What about Collateralization or securitization, of the case itself ?

Usually, this is done by attachment of a bond, to a prisoner or a judgement.
The county, municipality or agency then profers that bond into the bond market, guaranteed by the taxpayers, but promising a nice rate of return. The prisonner is held as the surety, until the bond reaches maturity.
https://archive.org/details/CourtRegistryInvestmentSystem-Crrs-Chris-JudicialCorruption

28 U.S. Code § 2045 - Investment of court registry funds
https://www.law.cornell.edu/uscode/text/28/2045

D. Money from each case deposited in the CRIS shall be “pooled” together with those on deposit with Treasury to the credit of other courts in the CRIS and used to purchase Government Account Series securities through the Bureau of Public Debt, which will be held at Treasury, in an account in the name and to the credit of the Director of Administrative Office of the United States Courts. The pooled funds will be invested in accordance with the principles of the CRIS Investment Policy as approved by the Registry Monitoring Group.
E. An account for each case will be established in the CRIS Liquidity Fund titled in the name of the case giving rise to the deposit invested in the fund. Income generated from fund investments will be distributed to each case based on the ratio each account's principal and earnings has to the aggregate principal and income total in the fund after the CRIS fee has been applied. Reports showing the interest earned and the principal amounts contributed in each case will be prepared and distributed to each court participating in the CRIS and made available to litigants and/or their counsel.
https://govt.westlaw.com/mdc/Document/N0DF0C7E0C90211E6A68AED443198D403?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default)&bhcp=1

1.1 No money shall be sent to the court or its officers for deposit into the court’s registry
without a court order by the presiding Judge in the case of proceeding.

1.2 Unless provided for elsewhere in this order, all money ordered to be paid into the
court or received by its officers in any case pending or adjudicated shall be deposited
with the Treasurer of the United States in the name and to the credit of this court
pursuant to 28 U.S.C. 2041 through depositaries designated by the Treasury to accept
such deposit on its behalf.
https://archive.org/stream/COURTREGISTRYINVESTMENTSYSTEMSNYM101TEXAS/COURT%20REGISTRY%20INVESTMENT%20SYSTEMS%20NY%20m101%20TEXAS_djvu.txt