Legislation
SECTION 10
Compromise of old judgments and debts
State Finance (STF) CHAPTER 56, ARTICLE 2
§ 10. Compromise of old judgments and debts. The attorney-general and
comptroller, or either of them, may acknowledge satisfaction of a
judgment in favor of the people of the state when the same is settled or
discharged. The comptroller, with the approval of the attorney-general,
may compromise, settle, release and discharge any judgment or contract
debt not in judgment in favor of the state, after the lapse of ten years
since the recovery of the judgment, or since the debt became due, on
such terms as the comptroller and attorney-general deem for the best
interest of the state.
comptroller, or either of them, may acknowledge satisfaction of a
judgment in favor of the people of the state when the same is settled or
discharged. The comptroller, with the approval of the attorney-general,
may compromise, settle, release and discharge any judgment or contract
debt not in judgment in favor of the state, after the lapse of ten years
since the recovery of the judgment, or since the debt became due, on
such terms as the comptroller and attorney-general deem for the best
interest of the state.