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DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS 7000-12591›PART 10. DISTRIBUTION OF ESTATE 11600-12007›CHAPTER 8. Interest and Income Accruing During Administration 12000-12007

§ 12004

California Probate Code · 2020-11 edition · updated 2026-10-04 · California

(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.

(Enacted by Stats. 1990, Ch. 79.)

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California Probate Code

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