12-1158. Effect of payment into court; security; disbursement
A. The payment into court by plaintiff of the amount of the judgment, or the deposit in court of the amount fixed and determined as provided in section 12-1155, shall be deemed a payment or deposit of money for the use of the persons entitled thereto. The payment or deposit shall constitute a payment to the persons entitled thereto to the extent of the monies so paid or deposited in the court.
B. Any such payment shall be as valid and effectual in all respects as if made by plaintiff directly to the person entitled thereto, or in the case of a person under legal disability, as if made to his guardian, whether or not:
1. Such person or his whereabouts is known or unknown.
2. Such person is under a legal disability.
3. There are adverse or conflicting claims to such awards.
C. The money paid into court shall be secured in the manner directed by the court, and shall be paid to the persons found entitled thereto as provided by the final judgment of the court.
Section: Previous 12-1151 12-1152 12-1153 12-1154 12-1155 12-1156 12-1157 12-1158 12-1159 12-1160 12-1161 12-1162 12-1171 12-1172 12-1173 NextLast modified: October 13, 2016