Title 473 · MO 473

Missouri Revisor of Statutes - Revised Statutes of Missouri, RSMo Section 473.633

Citation: Mo. Rev. Stat. § 473.633

Section: 473.633

Missouri Revisor of Statutes - Revised Statutes of Missouri, RSMo Section 473.633

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  Do search Help   This chapter only Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY Chapter 473 < > • Effective - 28 Aug 1985

   

  473.633.   Interest on general legacies. — 1.  All legacies, other than residuary ones or chattels, shall bear interest from twelve months after the date of the death of the testator at a rate equal to that allowed by law on money due upon order of the court.  If the court finds that the legacies cannot be paid without jeopardizing the rights of interested parties because of litigation or other circumstances, the court shall determine what rate of interest, if any, not exceeding the rate allowed by law on money due upon order of the court, shall be allowed, after taking into consideration the income of the estate.   2.  The yield on written instruments, shares of corporate stock and similar securities specifically devised shall be deemed a part of the legacy and shall be turned over to the legatee. ­­-------- (RSMo 1939 § 237, A.L. 1955 p. 385 § 222, A.L. 1985 S.B. 35, et al.) Prior revisions: 1929 § 238; 1919 § 237; 1909 § 246

---- end of effective  28 Aug 1985 ---- use this link to bookmark section  473.633

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