Section 700.3904 Interest on General Pecuniary Devise.

MI Comp L § 700.3904 (2019) (N/A)
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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