TITLE 15

UNIFORM PROBATE CODE

CHAPTER 3

PROBATE OF WILLS AND ADMINISTRATION

PART 9.

SPECIAL PROVISIONS RELATING TO DISTRIBUTION

15-3-903.  Right of retainer. The amount of a non-contingent indebtedness of a successor to the estate if due, or its present value if not due, shall be offset against the successor’s interest; but the successor has the benefit of any defense which would be available to him in a direct proceeding for recovery of the debt.

History:

[I.C., sec. 15-3-903, as added by 1971, ch. 111, sec. 1, p. 233.]