California Probate Code

§ 8901

PROB § 8901 Effective Jan 1, 1995Div. 7 · Part 3 · Ch. 3 · Art. 1

Statute text

The personal representative shall appraise the following property, excluding items whose fair market value is, in the opinion of the personal representative, an amount different from the face value of the property:

(a)Money and other cash items. As used in this subdivision, a “cash item” is a check, draft, money order, or similar instrument issued on or before the date of the decedent’s death that can be immediately converted to cash.

(b)The following checks issued after the date of the decedent’s death:

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Legislative history

Amended by Stats. 1994, Ch. 806, Sec. 30. Effective January 1, 1995.