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2024 California Code
Probate Code - PROB
DIVISION 7 - ADMINISTRATION OF ESTATES OF DECEDENTS
PART 10 - DISTRIBUTION OF ESTATE
CHAPTER 8 - Interest and Income Accruing During Administration
Section 12001.
Universal Citation:
CA Prob Code § 12001 (2024)
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12001. If interest is payable under this chapter, the rate of interest is three percentage points less than the legal rate on judgments in effect one year after the date of the testator’s death and shall not be recomputed in the event of a change in the applicable rate thereafter.
(Amended by Stats. 1992, Ch. 871, Sec. 14. Effective January 1, 1993.)
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