Montana Statutes
§ 72-3-912 — Successor's Indebtedness To Estate Offset Against Interest -- Defenses Available
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 3 UPC -- PROBATE AND ADMINISTRATION·Part 9 Special Provisions Relating to Distribution
72-3-912 . Successor's indebtedness to estate offset against interest -- defenses available. The amount of a noncontingent indebtedness of a successor to the estate if due or its present value if not due must be offset against the successor's interest. However, the successor has the benefit of any defense that would be available to the successor in a direct proceeding for recovery of the debt.
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Montana § 72-3-912 (Successor's Indebtedness To Estate Offset Against Interest -- Defenses Available) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. 91A-3-903 by Sec. 1, Ch. 365, L. 1974; R.C.M. 1947, 91A-3-903; amd. Sec. 2379, Ch. 56, L. 2009.
Nearby Sections
15
§ 72-3-1005
Final Accounting Required To Close Estate§ 72-3-1006
Repealed§ 72-3-1007
Through 72-3-1010 Reserved§ 72-3-1012
Liability Of Distributees To Claimants§ 72-3-1013
Limitation On Actions Against Distributees§ 72-3-1015
Estate To Be Closed Within Two Years§ 72-3-102
Necessity Of Order Of Probate Of Will