Section 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.