1307.40. (UCC 7-603) Conflicting claims; interpleader.
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§ 1307.40. (UCC 7-603) Conflicting claims; interpleader.
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 non-delivery of the goods, or by original action, whichever is appropriate.
HISTORY: 129 v S 5. Eff 7-1-62.
Analogous to former RC §§ 1323.18, 1323.19, 4965.17, 4965.18.
Official Comment
The section enables a bailee faced with conflicting claims to the goods to compel the claimants to litigate their claims with each other rather than with him.