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 Oregon, when there is a dispute over funds or property 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 in its registry while the dispute is resolved. The court will then determine the rightful owner or how the assets should be distributed. This is often used by insurance companies, banks, or other entities that hold assets but are not themselves a party to the underlying dispute over those assets. The interpleader action protects the stakeholder from multiple liabilities and litigation, and it allows the disputing parties to make their claims in a single proceeding. The specific procedures for filing an interpleader action in Oregon are governed by state statutes and court rules, and an attorney can provide guidance on the process and represent the stakeholder or claimants in the legal proceedings.