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Section 12004 Of Chapter 8. Interest And Income Accruing During Administration From California Probate Code >> Division 7. >> Part 10. >> Chapter 8.
12004
. (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.
(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.
