91-7-161 - Creditors whose claims are not due must accept payment.

§ 91-7-161. Creditors whose claims are not due must accept payment.
 

The executor or administrator may pay any debt, duly probated, allowed and registered, which is not due. After ninety (90) days from the grant of letters, the creditor shall accept payment thereof and give a full discharge therefor, upon the payment or tender to him of an amount equal to what the debt would have been had it been made payable on the day the payment or tender is made. 
 

Sources: Codes, 1892, § 1938; 1906, § 2112; Hemingway's 1917, § 1780; 1930, § 1676; 1942, § 573; Laws,  1975, ch. 373, § 6, eff from and after January 1, 1976.