Colorado § 15-12-903 - Right of retainer.
Full text of Colorado Colorado Revised Statutes § 15-12-903 — Right of retainer., with citation guidance and answers to common questions.
§ 15-12-903. Right of retainer.
Unless a contrary intent is indicated by the will, 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.
Source: L. 73: R&RE, p. 1598, § 1. C.R.S. 1963: § 153-3-903.
Cross references: For debts to a decedent, see § 15-11-110.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 15-12-903
What does Colorado Revised Statutes § 15-12-903 cover?
Section 15-12-903 ("Right of retainer.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 15-12-903?
A common citation format is "Colorado Revised Statutes § 15-12-903" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 15-12-903 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.