Section 700.3904 - Interest on general pecuniary devise.
ESTATES AND PROTECTED INDIVIDUALS CODE (EXCERPT)
Act 386 of 1998
700.3904 Interest on general pecuniary devise.
Act 386 of 1998
700.3904 Interest on general pecuniary devise.
Sec. 3904.
Unless a contrary intent is indicated by the will, a general pecuniary devise bears interest at the legal rate beginning 1 year after the first appointment of a personal representative until payment.
History: 1998, Act 386, Eff. Apr. 1, 2000
Popular Name: EPIC