TypeBare Act JurisdictionCentral Government Enacted1925

Succession Act, 1925 Section 166

STOCK SPECIFICALLY BEQUEATHED SOLD BUT REPLACED, AND BELONGING TO TESTATOR AT HIS DEATH Where stock specifically

Section Text

SECTION 166: STOCK SPECIFICALLY BEQUEATHED SOLD BUT REPLACED, AND BELONGING TO TESTATOR AT HIS DEATH Where stock specifically bequeathed is sold, and an equal quantity of the same stock is afterwards purchased and belongs to the testator at his death, the legacy is not adeemed