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Code · Michigan · Chapter 700 — Estates and Protected Individuals Code

700.3904 Interest on general pecuniary devise.

52 words·~1 min read·/mi/chapter-700/700-3904

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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
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