California Statutes
§ 12004. — 12004. (Enacted by Stats. 1990, Ch. 79.)
California·Code PROB Probate Code - PROB·Div. 7. DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS·Part 10. PART 10. DISTRIBUTION OF ESTATE·Ch. 8. CHAPTER 8. Interest and Income Accruing During Administration
(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.
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California § 12004. (12004. (Enacted by Stats. 1990, Ch. 79.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Stats. 1990, Ch. 79.