{"data":{"id":"us-mi/mich.-comp.-laws-700.3903","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 700.3903","heading":"Indebtedness; set-off.","body":"Sec. 3903.\n\nThe amount of a successor's noncontingent indebtedness to the estate if due, or its present value if not due, shall be offset against the successor's interest. However, the successor has the benefit of a defense that would be available to the successor in a direct proceeding for recovery of the debt.","path":["MI Code","Chapter 700","Act Act-386-of-1998"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-700-3903","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"277b707d1fc08744c972c867f88656e66a655ade6cfd8ce6ae4ca920ee010af9","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-700.3902","next":"us-mi/mich.-comp.-laws-700.3904"},"notice":"GroundRules: Original legal text. Not legal advice."}