Section 440.7603 - Conflicting claims; interpleader.

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962

440.7603 Conflicting claims; interpleader.

Sec. 7603.

If more than one person claims title or possession of the goods, the bailee is excused from delivery until he has had a reasonable time to ascertain the validity of the adverse claims or to bring an action to compel all claimants to interplead and may compel such interpleader, either in defending an action for nondelivery of the goods, or by original action, whichever is appropriate.


History: 1962, Act 174, Eff. Jan. 1, 1964