BlackletterCalifornia law

Probate Code § 12004

CHAPTER 8. Interest and Income Accruing During Administration

Current as of September 28, 2026Prob. Code, § 12004Official source ↗

Enacted by Stats. 1990, Ch. 79.

(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.