70C-7-203 - Refunds and penalties as setoff to obligation.
70C-7-203. Refunds and penalties as setoff to obligation.
Refunds or penalties to which the debtor is entitled under this part may be set off againstthe debtor's obligation and may be raised as a defense to a suit on the obligation without regard tothe time limitations prescribed by this part.
Enacted by Chapter 159, 1985 General Session