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.
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