Court & Trust (C&T) Funds
Monies paid to the courts for legal matters, are held in an interest bearing Finance Department Court and Trust Fund Account.
Withdrawing Court and Trust Funds
Withdrawals can only be made by a certified court order directing Finance to pay an amount to a specified person or persons. The order must include the amount(s) to pay, plus any interest, less any fees.
Please follow the directions below to obtain a Certified Court Order:
- Claimant(s) or their attorney must complete and mail an Application for Certificate of Deposit to NYC Department of Finance. There is a $1.00 fee which must be included with the application. Finance will return a copy of the application along with the Certificate of Deposit showing the current balance, including added interest.
- Claimant must attach the original Certificate of Deposit to the copy of the application and present it to the court.
- After the judge signs the court order, claimant must take a copy of the signed order to the Clerk of the Court and have it certified. There is a fee for certification.
- The IRS W-9 form is required for all payees listed on the court order.
- Claimant(s) can request payment by mail or in person. They must submit the original Certified Copy of the Court Order, the W-9(s), and any other documents requested by Finance.
- Finance will contact you if we need additional documents.
Forms
Application to the Commissioner of Finance for a Certificate of Deposit
Download Form
W-9 form - Federal tax form provides information necessary so Finance can report the payment to the Internal Revenue Service. The IRS wil send the payee Form 1099 showing taxable income. To download the form and for more information about the W-9 form, visit the Internal Revenue Services (IRS) website.
Optional Forms
Signature Verification - Used in Court and Trust cases when it is necessary to obtain the notarized signatures of all persons (individuals, attorneys, corporations) to whom payment is being made). This form is required for all payees whose notarized signature does not appear on the Application for Certificate of Deposit.
Download Form
Power of Attorney - Finance will notify you if you need to file this form.
Download Power of Attorney
Additional Information
Abandoned Bail
