Creates an object that contains all the relevant information required to generate a proxy used to communicate with a remote object.(Inherited from MarshalByRefObject.) Dispose () Releases all resources used by the Component.(Inherited from Component.)
Convenient, Affordable Legal Help - Because We Care! Interpleader Law and Legal Definition. Interpleader is the procedure when two parties are involved in a lawsuit over the right to collect a debt from a third party, who admits the money is owed but does not know which person to pay. The debtor deposits the funds with the court (interpleads), asks the court to dismiss him/her/it from the lawsuit and lets the claimants settle their dispute in court.
An interpleader action is one of those remedies. An interpleader action is a lawsuit that is filed in county or circuit court in the jurisdiction where the escrowed funds are located. The broker is the Plaintiff in the suit and names both the buyer and seller as Defendants. The interpleader states the facts of the case and requests that the court permit the broker to deposit the escrowed funds into the registry of the court.