Earlier editions: 2020-112018-112026-09
DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS 7000-12591›PART 1. GENERAL PROVISIONS 7000-7666›CHAPTER 4. Public Administrators 7600-7666›ARTICLE 3. Deposit of Money of Estate 7640-7644
§ 7642
California Probate Code · 2026-10 edition · updated 2026-10-04 · California
(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.
(Enacted by Stats. 1990, Ch. 79.)
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