California Law (Last Updated: March 4, 2014) |
Code of Civil Procedure - CCP |
Part 2. OF CIVIL ACTIONS |
Title 3. OF THE PARTIES TO CIVIL ACTIONS |
Chapter 6. Interpleader |
Section 386.1.
Latest version.
-
Where a deposit has been made pursuant to Section 386, the court shall, upon the application of any party to the action, order such deposit to be invested in an insured interest-bearing account. Interest on such amount shall be allocated to the parties in the same proportion as the original funds are allocated.
(Amended by Stats. 1979, Ch. 173.)