Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 7-603 — Conflicting Claims; Interpleader
N.Y. U.C.C. Law § 7-603
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 7--603. Conflicting Claims; Interpleader.
Citator
N.Y. U.C.C. Law § 7-603 — Conflicting Claims; Interpleader is in force in the current edition of the Code, and nothing recorded condemns it.
Section 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.