Section 9733 Of Chapter 4. Investments And Purchase Of Property From California Probate Code >> Division 7. >> Part 5. >> Chapter 4.
9733
. (a) Pending distribution of the estate or at the time the
court makes an order for final distribution of the estate, on
petition of the personal representative or any interested person, the
court may, upon good cause shown, order that the personal
representative purchase an annuity from an insurer admitted to do
business in this state to satisfy a devise of an annuity or other
direction in the will for periodic payments to a devisee.
(b) Notice of the hearing on the petition shall be given as
provided in Section 1220.