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interplead

    0.03 sec.
in·ter·plead  (ntr-pld)
intr.v. in·ter·plead·ed, in·ter·plead·ing, in·ter·pleads Law
To submit one's claim to the process of interpleader.
[Middle English enterpleden, from Anglo-Norman enterpleder : enter-, between (from Latin inter-; see inter-) + pleder, to plead (variant of Old French plaidier; see plead).]
interplead [ˌɪntəˈpliːd]
vb -pleads, -pleading ; -pleaded, -plead [-ˈplɛd], -pled
(Law) (intr) Law to institute interpleader proceedings


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Because this is the first ever interplead action that we know of to be used for purpose of accounting and earmarking certificates to those shareholders presenting viable equity in a once public company, extreme care must be taken to insure that every possible issue is addressed," stated a company director, Urban Casavant.
CMKM Diamonds Issues Update by Business Wire
E[acute accent]On June 6, 2006, the Task Force was officially dissolved with a recommendation to the Company to interplead the 45 million share Entourage certificate in United States District Court in an effort to complete the identifying process of the bona fide shareholders and distribute the shares thereafter.
CMKM Diamonds Provides Corporate Update by Business Wire
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