2010 Maine Code
TITLE 18-A: PROBATE CODE
Article 3: PROBATE OF WILLS AND ADMINISTRATION
18-A §3-903. Right of retainer


18-A ME Rev Stat § 3-903 (2010 through 124th Legis) What's This?

Part 9: SPECIAL PROVISIONS RELATING TO DISTRIBUTION

§3-903. Right of retainer

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. Such debt constitutes a lien on the successor's interest in favor of the estate, having priority over any attachment or transfer of the interest by the successor. [1979, c. 540, §1 (NEW).]

SECTION HISTORY

1979, c. 540, §1 (NEW).

Disclaimer: These codes may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.