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.
Interpleader is intended to protect a person holding funds (like an escrow agent in a real estate transaction or the insurer in your case) when two or more persons make a claim to those funds. It is a procedure through which the person holding the funds asks the court to decide who gets those funds.