§ 17-7. Deposit of monies paid into registry of court in interest-bearing time deposits.

(a)

Authorized, effect. The clerk of the circuit court of the county is authorized, without court order, to deposit any and all monies paid into the registry of the court in interest-bearing time deposits in any designated depository as provided by F.S. ch. 43. All interest accruing from registry of court monies while on time deposit shall be deemed income of the office of the clerk of the circuit court of the county and shall be deposited in the same account as are other fees and commissions of such clerk's office.

(b)

Time deposits previously made. All deposits of registry of court monies in interest-bearing time deposits heretofore made by the clerk of the circuit court of the county are hereby ratified and confirmed. All interest accrued from such time deposits of registry of court monies is hereby deemed income of the office of the clerk of the circuit court of the county. All deposits of such interest heretofore made in the same account used for the deposit of other fees and commissions of the office of the clerk of the circuit court of the county are hereby ratified and confirmed.

(Code 1965, § 8-13; Laws of Fla. ch. 70-836, §§ 1, 2)