Act Number: 39

Act Name: The Indian Succession Act, 1925

Year: 1925

Enactment Date: 1925-09-30

Long Title: An Act to consolidate the law applicable to intestate and testamentary succession.

Ministry: Ministry of Law and Justice

Department: Legislative Department

Section 344: Transfer to residuary legatee of contingent bequest.
    Where a bequest is contingent, the executor or administrator is not bound to invest the amount of the legacy, but may transfer the whole residue of the estate to the residuary legatee, if any, on his giving sufficient security for the payment of the legacy, if it shall become due.
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