The clerk of court in whose name a security is taken or by whom an investment is made and the clerk's successors in office:
(1) must receive the interest and principal as it becomes due and shall apply and invest the interest and principal as the court may direct;
(2) shall deposit with the county treasurer all securities taken; and
(3) shall keep an account of investments and money received and the disposition of the investments and money in a book provided and kept for that purpose in the clerk's office that is free for inspection by all persons.