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Successor's indebtedness offset against interest; defenses

NMSA 1978, § 45-3-903
in effect
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45-3-903. Successor's indebtedness offset against interest; defenses The amount of a noncontingent 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. 1953 Comp., § 32A-3-903, enacted by Laws 1975, ch. 257, § 3-903.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18546/index.do#!b/45-3-903Fetched: 10/20/2026

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