Legislation
SECTION 7-603
Conflicting Claims; Interpleader
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 7, PART 6
Section 7--603. Conflicting Claims; Interpleader.
If more than one person claims title to or possession of the goods,
the bailee is excused from delivery until the bailee has a reasonable
time to ascertain the validity of the adverse claims or to commence an
action for interpleader. The bailee may assert an interpleader either in
defending an action for nondelivery of the goods or by original action.
If more than one person claims title to or possession of the goods,
the bailee is excused from delivery until the bailee has a reasonable
time to ascertain the validity of the adverse claims or to commence an
action for interpleader. The bailee may assert an interpleader either in
defending an action for nondelivery of the goods or by original action.