Interest on general pecuniary devise

NMSA 1978, § 45-3-904 — under Article 3.

NMSA 1978, § 45-3-904

General pecuniary devises bear interest at five percent per annum beginning one year after the first appointment of a personal representative until payment, unless a contrary intent is indicated by the will or unless distribution is withheld under the provisions of a court order upon a showing of good cause by the personal representative. History: 1953 Comp., § 32A-3-904, enacted by Laws 1975, ch. 257, § 3-904.