Indebtedness of distributee; offset
Sec. 6. When a distributee of an estate is indebted to the estate,
the amount of the indebtedness if due, or the present worth of the
indebtedness, if not due, may be treated as an offset by the personal
representative against any testate or intestate property, real or
personal, of the estate to which such distributee is entitled; but such
distributee shall be entitled to the benefit of any defense which
would be available to him in a direct proceeding for the recovery of
such debt.
(Formerly: Acts 1953, c.112, s.1706.)
Last modified: May 27, 2006