When the testator has bequeathed the residue of his estate of a person for life with a direction that it shall be invested in certain specified securities, so much of the estate as is not at the time of his death invested in securities of the specified kind shall be converted into money and invested in such securities.
Section 346: Investment of residue bequeathed for life, with direction to invest in specified securities.
The Indian Succession Act, 1925Central Act · Act 39 of 1925
Where this provision sits
| Act | The Indian Succession Act, 1925 |
|---|---|
| Section | 346 |
| Marginal note | Investment of residue bequeathed for life, with direction to invest in specified securities. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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