Oklahoma Statutes (Last Updated: September 18, 2014)

§ 58-258. Compromise with debtors allowable.

Latest version.

Whenever a debtor of a decedent is unable to pay all his debts, the executor or administrator, with the approbation of the judge of the district court, may compound with him, and give him a discharge upon receiving a fair and just dividend of his effects. A compromise may also be authorized, when it appears to be just and for the best interest of the estate.

R.L.1910, § 6308.

                    
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