Section 9602 Of Article 1. Duties And Liabilities Of Personal Representative From California Probate Code >> Division 7. >> Part 5. >> Chapter 1. >> Article 1.
9602
. (a) If the personal representative is liable for interest
pursuant to Section 9601, the personal representative is liable for
the greater of the following amounts:
(1) The amount of interest that accrues at the legal rate on
judgments.
(2) The amount of interest actually received.
(b) If the personal representative has acted reasonably and in
good faith under the circumstances as known to the personal
representative, the court, in its discretion, may excuse the personal
representative in whole or in part from liability under subdivision
(a) if it would be equitable to do so.