Successor's indebtedness offset against interest;

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. History: 1953 Comp., § 32A-3-903, enacted by Laws 1975, ch. 257, § 3-903.