Section 366 – Indian Succession Act, 1925: Residue After Usual Payments to Be Paid to Residuary Legatee

The Indian Succession Act, 1925 — Part IX, Chapter XII: Of the Refunding of Legacies

Section 366. Residue after usual payments to be paid to residuary legatee

The surplus or residue of the deceased’s property, after payment of debts and legacies, shall be paid to the residuary legatee when any has been appointed by the Will.