Statute · California Code of Civil Procedure

Cal. Civ. Proc. Code § 386.1 — Interpleader

Cal. Civ. Proc. Code § 386.1

Type
Statute
Source
California Code of Civil Procedure
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Where a deposit has been made pursuant to Section 386, the court shall, upon the application of any party to the action, order such deposit to be invested in an insured interest-bearing account. Interest on such amount shall be allocated to the parties in the same proportion as the original…

Citator

Cal. Civ. Proc. Code § 386.1 — Interpleader is in force in the current edition of the Code, and nothing recorded condemns it.

Where a deposit has been made pursuant to Section 386, the court shall, upon the application of any party to the action, order such deposit to be invested in an insured interest-bearing account. Interest on such amount shall be allocated to the parties in the same proportion as the original funds are allocated.