Conflicting claims - interpleader

4-7-603. 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. Source: L. 2006: Entire article R&RE, p. 489, � 2, effective September 1. Editor's note: This section is similar to former � 4-7-603 as it existed prior to 2006. PART 7 TRANSITION PROVISIONS