- Interpleader allows a stakeholder to initiate a suit to compel multiple claimants (defendants) to that property to litigate the dispute. Interpleader is allowed under both federal statute and Rule 22. - Rule 22: Under Rule 22, complete diversity is required between the stakeholder and all other claimants and an amount in controversy must exceed $75K. - Federal Statute: Under federal statute, one claimant must be diverse from at least one other claimant and the amount in controversy must exceed $500. Ex: Deceased had life insurance policy with DE Corp. having PPB in CA; claimants from NJ, NV, & CA all claim interest * Rule 22 = Improper because lack diversity * Federal Statute = Proper because claimants from different states