California Probate Code Section 10557

CA Prob Code § 10557 (2017)  

The personal representative has the power to 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.

(Enacted by Stats. 1990, Ch. 79.)

Last modified: October 25, 2018