TITLE LVI
PROBATE COURTS AND DECEDENTS' ESTATES

CHAPTER 554
INVENTORY, ACCOUNTS, AND DEALING WITH ASSETS

Section 554:12

    554:12 Compromise. – A debt due from an insolvent person may be compromised and discharged on payment of such part thereof as the administrator deems proper, and the administrator shall be chargeable only for the amount received.

Source. RS 159:8. CS 168:8. GS 177:9. GL 196:9. PS 189:10. PL 300:12. RL 353:12.