Statute · California Probate Code

Cal. Prob. Code § 12004 — Interest and Income Accruing During Administration

Cal. Prob. Code § 12004

Type
Statute
Source
California Probate Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) An annuity commences at the testator’s death and shall be paid at the end of the annual, monthly, or other specified period.

Citator

Cal. Prob. Code § 12004 — Interest and Income Accruing During Administration is in force in the current edition of the Code, and nothing recorded condemns it.

(a) An annuity commences at the testator’s death and shall be paid at the end of the annual, monthly, or other specified period.

(b) If an annuity is not paid at the end of the specified period, it bears interest thereafter, but no interest accrues during the first year after the testator’s death.