Mich. Comp. Laws § 700.3903

Current through Public Act 151 of the 2024 Legislative Session
Section 700.3903 - Indebtedness; set-off

The amount of a successor's noncontingent indebtedness to the estate if due, or its present value if not due, shall be offset against the successor's interest. However, the successor has the benefit of a defense that would be available to the successor in a direct proceeding for recovery of the debt.

MCL 700.3903

1998, Act 386, Eff. 4/1/2000 .