What is required for claimants in a statutory interpleader regarding diversity?

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In a statutory interpleader, one of the essential requirements is that the claimants must be diverse, meaning they must be citizens of different states. This requirement is established under 28 U.S.C. § 1335, which allows a party, typically a stakeholder holding property for multiple claimants, to initiate interpleader actions in federal court to resolve conflicting claims to that property.

Additionally, there is a monetary requirement of having $500 or more in controversy. This means that the value of the stakes involved must exceed this threshold to invoke the federal courts' jurisdiction under statutory interpleader. The statute is designed to protect the stakeholder from the risk of multiple liability and to consolidate the claims in one action to provide clarity and a definitive resolution.

The other options do not align with the legal requirements for statutory interpleader, as they either misrepresent the necessary conditions or introduce irrelevant criteria. Thus, the correct answer highlights both the need for diversity among claimants and the monetary amount in controversy as fundamental to statutory interpleader.

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