515:7 Mutual Debts. –
If there are mutual debts or demands between the plaintiff and defendant at the time of the commencement of the plaintiff’s action, one debt or demand may be set off against the other.
Source. RS 187:4. CS 199:6. GS 208:7. GL 227:7; 235:15. PS 223:7. PL 335:7. RL 391:7.