Statute · California Probate Code
Cal. Prob. Code § 9652 — Estate Management Generally
Cal. Prob. Code § 9652
- Type
- Statute
- Source
- California Probate Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Except as provided in subdivisions (b) and (c), the personal representative shall keep all cash in his or her possession invested in interest-bearing accounts or other investments authorized by law.
Citator
Cal. Prob. Code § 9652 — Estate Management Generally is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Except as provided in subdivisions (b) and (c), the personal representative shall keep all cash in his or her possession invested in interest-bearing accounts or other investments authorized by law.
(b) The requirement of subdivision (a) does not apply to the amount of cash that is reasonably necessary for orderly administration of the estate.
(c) The requirement of subdivision (a) does not apply to the extent that the testator’s will otherwise provides.