Iowa R. Civ. P. 1.253
As amended through Septmber 9, 2024
If a party initiating interpleader admits liability for, or nonownership of, any property or amount involved, the court may order it deposited in court or otherwise preserved or secured by bond. After such deposit the court, on hearing all parties, may absolve the depositor from obligation to such parties as to the property or amount deposited, before determining the rights of the adverse claimants.
Iowa. R. Civ. P. 1.253