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Civil procedure

interpleader

When there is a dispute over money (funds) or property, and the money or property is held by a person or entity who is not a party to the dispute—such as an insurance company in possession of insurance proceeds or a payment due a business under a contract in which a former employee or business partner claims an ownership interest—the party holding the disputed funds or property may place it in the registry of the court (by filing an interpleader action) and allowing the court to safeguard the funds or property until it determines the rightful owner.

In Minnesota, when there is a dispute over funds or property that is held by a third party not involved in the dispute, the third party can use an interpleader action to deposit the disputed assets with the court. This legal process allows the court to hold the funds or property securely while the dispute is resolved. The interpleader action is governed by the Minnesota Rules of Civil Procedure, specifically Rule 22, which outlines the procedure for such actions. The party initiating the interpleader, often an insurance company or business, must file a complaint in the appropriate Minnesota court and serve all claimants involved in the dispute. The court will then determine the rightful owner or beneficiary of the funds or property in question. This process ensures that the third party is protected from multiple liabilities and that the dispute is resolved fairly and legally.

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Civil procedure

interpleader

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Civil procedure

interpleader