75B-2-518. Compromise of claims.
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Effective 5/7/2025
75B-2-518. Compromise of claims.
When a claim against a deceased settlor's estate has been presented in any manner, the trustee may, if the claim appears in the best interest of the deceased settlor's estate, compromise the claim, whether due or not due, absolute or contingent, liquidated or unliquidated.
Renumbered and Amended by Chapter 310 , 2025 General Session