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.
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.
Structure Montana Code Annotated
Title 72. Estates, Trusts, and Fiduciary Relationships
Chapter 3. Upc -- Probate and Administration
Part 9. Special Provisions Relating to Distribution
72-3-902. Distribution in kind preferred -- method -- valuation
72-3-903. Proposal for distribution -- delivery -- objection
72-3-904. Distribution in kind -- evidence of title
72-3-906. Improper distribution or payment -- liability of distributee or payee
72-3-907. Purchases from distributees protected
72-3-908. through 72-3-910 reserved
72-3-911. Successors' rights if no administration
72-3-912. Successor's indebtedness to estate offset against interest -- defenses available
72-3-913. Interest on general pecuniary devise
72-3-914. Partition for purpose of distribution
72-3-916. Distribution to trustee -- registration -- bond