California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 7. ADMINISTRATION OF ESTATES OF DECEDENTS |
Part 10. DISTRIBUTION OF ESTATE |
Chapter 8. Interest and Income Accruing During Administration |
Section 12005.
Latest version.
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A devisee of a devise for maintenance is entitled to interest on the amount of any unpaid accumulations of the payments held by the personal representative on each anniversary of the testator's death, computed from the date of the anniversary.
(Enacted by Stats. 1990, Ch. 79.)