California Probate Code

§ 16441

PROB § 16441 Effective Jan 1, 1999Div. 9 · Part 4 · Ch. 4 · Art. 3

(a)If the trustee is liable for interest pursuant to Section 16440, the trustee is liable for the greater of the following amounts:

(1)The amount of interest that accrues at the legal rate on judgments in effect during the period when the interest accrued.

(2)The amount of interest actually received.

…

Legislative history

Amended by Stats. 1998, Ch. 77, Sec. 5. Effective January 1, 1999.