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.