N.M. Stat. § 45-3-903

Successor's indebtedness offset against interest;

Last amended: 1975Year: 2026Length: 53 wordsOfficial source
defenses. 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.
N.M. Stat. § 45-3-903: Successor's indebtedness offset against interest; | Justis AI