California Statutes
§ 7642. — 7642. (Enacted by Stats. 1990, Ch. 79.)
California·Code PROB Probate Code - PROB·Div. 7. DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS·Part 1. PART 1. GENERAL PROVISIONS·Ch. 4. CHAPTER 4. Public Administrators·Art. 3. ARTICLE 3. Deposit of Money of Estate
(a)The public administrator shall credit each estate with the highest rate of interest or dividends that the estate would have received if the funds available for deposit had been individually and separately deposited.
(b)Interest or dividends credited to the account of the public administrator in excess of the amount credited to the estates pursuant to subdivision (a) shall be deposited in the county general fund.
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California § 7642. (7642. (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.