TypeBare Act JurisdictionCentral Government Enacted1925

Succession Act, 1925 Section 159

ADEMPTION PRO TANTO WHERE STOCK, SPECIFICALLY BEQUEATHED EXISTS IN PART ONLY AT TESTATOR'S DEATH Where stock which has

Section Text

SECTION 159: ADEMPTION PRO TANTO WHERE STOCK, SPECIFICALLY BEQUEATHED EXISTS IN PART ONLY AT TESTATOR'S DEATH Where stock which has been specifically bequeathed exists only in part at the testator's death, the legacy is adeemed so far as regards that part of the stock which has ceased to exist.