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2021 Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 12 - Probate of Wills and Administration
Part 9 - Special Provisions Relating to Distribution
§ 15-12-903. Right of Retainer
Universal Citation: CO Code § 15-12-903 (2021)
Unless a contrary intent is indicated by the will, 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.
History. Source: L. 73: R&RE, p. 1598, § 1. C.R.S. 1963: § 153-3-903. History. Source: L. 73: R&RE, p. 1598, § 1. C.R.S. 1963: § 153-3-903.
Cross references:
For debts to a decedent, see § 15-11-110 .
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