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2018 Indiana Code
TITLE 29. Probate
ARTICLE 1. PROBATE CODE
CHAPTER 17. Distribution and Discharge
29-1-17-6. Indebtedness of distributee; offset
Universal Citation: IN Code § 29-1-17-6 (2018)
IC 29-1-17-6 Indebtedness of distributee; offset
Sec. 6. When a distributee of an estate is indebted to the estate, the amount of the indebtedness if due, or the present worth of the indebtedness, if not due, may be treated as an offset by the personal representative against any testate or intestate property, real or personal, of the estate to which such distributee is entitled; but such distributee shall be entitled to the benefit of any defense which would be available to him in a direct proceeding for the recovery of such debt.
Formerly: Acts 1953, c.112, s.1706.
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