California Statutes

§ 7642. — 7642. (Enacted by Stats. 1990, Ch. 79.)

California § 7642.
JurisdictionCalifornia
Code PROBProbate 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

This text of California § 7642. (7642. (Enacted by Stats. 1990, Ch. 79.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Probate Code - PROB Code § 7642. (2026).

Text

(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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Legislative History

Enacted by Stats. 1990, Ch. 79.
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California § 7642., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PROB/7642..