§ Rule 1.253. Deposit; discharge

Codes > Iowa Rules of Civil Practice and Procedure > Chapter 1 > Division II : E. Interpleader > Rule 1.253.

Rule 1.253. Deposit; discharge

If a party initiating interpleader admits liability for, or nonownership of, any property or amount involved, the court may order it deposited in court or otherwise preserved or secured by bond. After such deposit the court, on hearing all parties, may absolve the depositor from obligation to such parties as to the property or amount deposited, before determining the rights of the adverse claimants.