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NEW JERSEY STATUTES AND CODES

3B:23-43 - Right of retainer

3B:23-43.  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.

     L.1981, c. 405, s. 3B:23-43, eff. May 1, 1982.
 

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