North Carolina General Statutes 59-80. Effect of failure to present claim in six months
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Terms Used In North Carolina General Statutes 59-80
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
In an action brought on a claim which was not presented within six months from the first publication of the general notice to creditors, the surviving partner shall not be chargeable for any assets that he may have paid in satisfaction of any debts before such action was commenced, nor shall any costs be recovered in such action against the surviving partner. (1901, c. 640, s. 5; Rev., s. 2544; C.S., s. 3283; 1973, c. 1410, s. 3.)