interplead

interplead, vb.

1. (Of a claimant) to assert one’s own claim regarding property or an issue already before the court.

2. (Of a stakeholder) to institute an interpleader action, usu. by depositing disputed property into the court’s registry to abide the court’s decision about who is entitled to the property. Cf. IMPLEAD. [Cases: Interpleader

1. C.J.S. Interpleader §§ 2–4, 7, 9.]

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