Legal Question in Business Law in Nevada
Interpleader involving stocks
I have stock in CMKX and was told that an interpleader has to be filed before the company can proceed. WHAT is an interpleader?
Thanks
Asked on 12/19/06, 12:41 pm
1 Answer from Attorneys
James Smith
James E. Smith Ltd.
Re: Interpleader involving stocks
An interpleader action is where a disputed sum of money is deposited in Court and the Judge decides who should get the money.
Answered on 12/19/06, 12:53 pm
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