A. When a person who is arrested pursuant to a fiduciary arrest warrant is brought before the court, the judicial officer shall advise the arrested person of the nature of the proceedings and shall set a date for the next court appearance.

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B. The arrested person may be released from custody pending the hearing if the arrested person pays the amount set by the court or a larger amount as the court determines. The court may not reduce the amount ordered to be paid. The arrested person shall not be released from custody without paying the amount unless the court finds in writing or on the record that a compelling reason exists to release the arrested person.

C. Monies received pursuant to this section shall be deposited with the clerk of the court until further order of the court unless the court orders that the monies be paid to an estate or other fiduciary.