Where there is a demonstrative legacy, and the assets are sufficient for the payment of debts and necessary expenses, the legatee has a preferential claim for payment of his legacy out of that fund from which the legacy is directed to be paid until such fund is exhausted, and if, after the fund is exhausted, part of the legacy still remains unpaid, he is entitled to rank for the remainder against the general assets as for a legacy of the amount of such unpaid remainder.
Section 109: Right under demonstrative legacy when assets sufficient to pay debts and necessary expenses.
The Probate and Administration Act, 1977 (1920 A.d.)Union territory Act of Jammu and Kashmir · Act 29 of 1977
Where this provision sits
| Act | The Probate and Administration Act, 1977 (1920 A.d.) |
|---|---|
| Section | 109 |
| Marginal note | Right under demonstrative legacy when assets sufficient to pay debts and necessary expenses. |
| Jurisdiction | Union territory of Jammu and Kashmir |
| Status | In force as published by the source |
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