Whenever more than one person claims the right to redeem a pledge, the pawnbroker shall incur no liability for refusing to deliver the pledge to either claimant until the respective rights of the claimants shall have been determined by a court of competent jurisdiction.

Whenever an action at law is brought against the pawnbroker for recovery of a pledge claimed by more than one person he may as a defense require all known claimants to interplead.

Whenever more than one person claims the right to redeem a pledge and no action is brought against the pawnbroker by either claimant within the period for which he is required to hold a pledge after the due date of the loan, or within thirty (30) days after notice of adverse claim, he may proceed to sell the pledge and hold the surplus, if any, for the period of time required under this act, subject to adjudication or other adjustment of the claimants' rights.