Indiana § 26-1-7-603 Conflicting claims; interpleader

Indiana Statutes

§ 26-1-7-603 — Conflicting claims; interpleader

Indiana § 26-1-7-603

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 7Documents of Title

This text of Indiana § 26-1-7-603 (Conflicting claims; interpleader) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-7-603 (2026).

Text

If more than one (1) 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, whichever is appropriate.
Formerly: Acts 1963, c.317, s.7-603. As amended by
P.L.143-2007, SEC.63.

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If more than one (1) 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, whichever is appropriate.
Formerly: Acts 1963, c.317, s.7-603. As amended by
P.L.143-2007, SEC.63.