TITLE 30. TRADE AND COMMERCE

CHAPTER 7. UNIFORM COMMERCIAL CODE -- WAREHOUSE RECEIPTS, BILLS OF LADING, AND OTHER DOCUMENTS OF TITLE

Part 6. Warehouse Receipts and Bills of Lading Miscellaneous Provisions

Conflicting Claims -- Interpleader

30-7-603. 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.

History: En. Sec. 7-603, Ch. 264, L. 1963; R.C.M. 1947, 87A-7-603; amd. Sec. 72, Ch. 575, L. 2005.