12A:7-603.Ā  Conflicting claims;Ā  interpleader
If more than one person claims title or possession of the goods, the baileeĀ  is excused from delivery until he has had a reasonable time to ascertain theĀ  validity of the adverse claims or to bring an action to compel all claimants toĀ  interplead and may compel such interpleader, either in defending an action forĀ  non-delivery of the goods, or by original action, whichever is appropriate.

L.1961, c. 120, s. 7-603.