Effective 28 Aug 1980
473.427. Compromise of claims against estate. — When a claim against the estate has been filed or suit thereon is pending, the creditor and personal representative, if it appears for the best interest of the estate, may compromise the claim, whether due or not due, absolute or contingent, liquidated or unliquidated.
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(L. 1955 p. 385 § 159, A.L. 1980 S.B. 637)
Effective 1-01-81