Go to Previous Versions
of
this Section
2024 Indiana Code
Title 28. Financial Institutions
Article 9. Depository Financial Institutions Adverse Claims Act
Chapter 5. Immunity; Indemnification; Interpleader
28-9-5-3. Interpleader
Universal Citation:
IN Code § 28-9-5-3 (2024)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Sec. 3. This article does not prevent a depository financial institution from interpleading and paying the funds that are the subject of an adverse claim into a court. If a depository financial institution pays the funds to the court, the depository financial institution is entitled to recover and collect the costs and expenses, including attorney's fees, incurred by the depository financial institution in the interpleader action.
As added by P.L.258-1989, SEC.2.
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
