What is the Rule 1 022 Interpleader in N M R Civ P Dist Ct 1 Casetext?

The Rule 1 022 Interpleader, N M R Civ P Dist Ct 1 Casetext, allows parties holding conflicting claims over a single property or liability to present the matter before the court. This legal process enables a neutral resolution to disputes involving multiple claimants, ensuring that the correct party receives the property involved.

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4-308 [2-301, 3-301] STATE OF NEW MEXICO ______________________ COURT No. ________________________________ COUNTY ________________________________, Interpleaderagainst _________________________________, Defendant and _________________________________, Defendant ORDER TO INTERPLEAD The interpleader having filed complaint herein,IT IS ORDERED that the court take into its trust account $____________________ which sum represents the total amount interpleader owes the above named defendants; IT IS FURTHER ORDERED, that the money paid into the court trust account shall be retained until further order of the court; IT IS FURTHER ORDERED, that the de fendants and any other person who has or claims an interest in or to said money in the custody of this court shall, and are directed to, interplead in this action within twenty (20) days from the date this order is served upon them; and IT IS FURTHER ORDERED that ______________________________ (name of interpleader) be and hereby is discharged from all liability to the defendants on account of ____________________ ____________________ (set forth relationship of interpleader to defendants) . __________________, ______ (date) __________________________. Judge [Adopted, effective July 1, 1988; as amended, effective July 1, 1990.]

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