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.
Source notesHistory and annotations
I.C., sec. 15-3-903, as added by 1971, ch. 111, sec. 1, p. 233.
