Cal. Prob. Code § 7642

Current through the 2023 Legislative Session.
Section 7642 - Interest or dividends credited
(a) The public administrator shall credit each estate with the highest rate of interest or dividends that the estate would have received if the funds available for deposit had been individually and separately deposited.
(b) Interest or dividends credited to the account of the public administrator in excess of the amount credited to the estates pursuant to subdivision (a) shall be deposited in the county general fund.

Ca. Prob. Code § 7642

Enacted by Stats. 1990, Ch. 79.