Title 15 · CRS Title 15

Right of retainer

Citation: C.R.S. § 15-12-903

Section: 15-12-903

15-12-903. Right of retainer. 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. 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.