Statutes > New Mexico Statutes > Chapter 45 - Uniform Probate Code. > Article 3 - Probate of Wills and Administration, 45-3-101 through 45-3-1302. > Section 45-3-904 - Interest on general pecuniary devise.

Section 45-3-904 - Interest on general pecuniary devise.

45-3-904. Interest on general pecuniary devise.

General pecuniary devises bear interest at five percent per annum beginning one year after the first appointment of a personal representative until payment, unless a contrary intent is indicated by the will or unless distribution is withheld under the provisions of a court order upon a showing of good cause by the personal representative.