TITLE LIII
PROCEEDINGS IN COURT
CHAPTER 515
TENDER, PLEADING, AND SETOFF
Setoff
Section 515:10
515:10 Penal Bond. –
If the defendant's debt or demand is founded on a bond or specialty with a penalty, only the amount equitably due shall be set off.
Source.
RS 187:6. CS 199:8. GS 208:10. GL 227:10. PS 223:10. PL 334:10. RL 391:10.