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General Laws of Massachusetts - Chapter 198 Insolvent Estates of Deceased Persons. - Section 1 Order of payment of debts

Legal Research Home > Massachusetts Laws > Insolvent Estates of Deceased Persons > General Laws of Massachusetts - Chapter 198 Insolvent Estates of Deceased Persons. - Section 1 Order of payment of debts

Section 10C. If a creditor has been preferred, and afterwards in good faith gives the debtor further credit without security of any kind for property which becomes a part of the debtor’s estate, the amount of such new credit remaining unpaid at the time of his decease may be set off against the amount which would otherwise be recoverable from him.

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Last modified: March 17, 2010