Section 166 – Indian Succession Act, 1925: Stock Specifically Bequeathed Sold but Replaced, and Belonging to Testator at His Death

The Indian Succession Act, 1925 — Part VI, Chapter XVI: Of Ademption of Legacies

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.