Statutes, codes, and regulations
Mississippi Code 1972
Title 11 - CIVIL PRACTICE AND PROCEDUREChapter 7 - PRACTICE AND PROCEDURE IN CIRCUIT COURTS
IN GENERAL
Section 11-7-67 - Balance of mutual dealings on death of one party

Miss. Code § 11-7-67

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Current through 4/15/2024
Section 11-7-67 - Balance of mutual dealings on death of one party

Where there shall have been mutual dealings between two or more persons, and one or more of them shall die before an adjustment of such dealings, the lawful demands of such parties against each other shall be a good payment, or setoff, to the amount thereof, notwithstanding the estate of one or more of such deceased persons shall be insolvent; and only the balance due shall be the debt.

Miss. Code § 11-7-67

Codes, Hutchinson's 1848, ch. 59, art. 10; 1857, ch. 61, art. 99; 1871, § 602; 1880, § 1552; 1892, § 689; 1906, § 747; Hemingway's 1917, § 530; 1930, § 539; 1942, § 1483.