Michigan Compiled Laws § 700.3904 Interest On General Pecuniary Devise.

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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Last modified: October 10, 2016