Delaware § 3593 Interest on pecuniary gifts in trust [For application of this section, see 79 Del. Laws, c. 172, § 6]

Delaware Statutes

§ 3593 — Interest on pecuniary gifts in trust [For application of this section, see 79 Del. Laws, c. 172, § 6]

Delaware § 3593

JurisdictionDelaware

Title12

PartFiduciary Relations

Ch. 35TRUSTS

Subch.Liability of Trustees and Rights of Persons Dealing With Trustee

This text of Delaware § 3593 (Interest on pecuniary gifts in trust [For application of this section, see 79 Del. Laws, c. 172, § 6]) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 12, § 3593 (2026).

Text

Except where circumstances justify a longer period, pecuniary gifts from an inter vivos trust which are payable as of the death of the trustor or another person, shall bear interest at the rate of 4 percent per annum payable from the trust beginning 13 months after such death, or, if there is a change of trustee as a result of such death, 13 months after the trustee first takes office as trustee following such death, until payment, unless a contrary intent is indicated by the governing instrument.

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Except where circumstances justify a longer period, pecuniary gifts from an inter vivos trust which are payable as of the death of the trustor or another person, shall bear interest at the rate of 4 percent per annum payable from the trust beginning 13 months after such death, or, if there is a change of trustee as a result of such death, 13 months after the trustee first takes office as trustee following such death, until payment, unless a contrary intent is indicated by the governing instrument.