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New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS

    Chapter 7:

      Section: 12A:7-603: Conflicting claims; interpleader.

          
12A: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.

L.2013, c.65, s.2.

This section added to the Rutgers Database: 2013-06-22 15:32:35.






Older versions of 12a:7-603 (if available):



Court decisions that cite this statute: CLICK HERE.