Section 166Central Act
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.
Previous
Sec 165 — Stock specifically bequeathed lent to third party on condition that it be replaced.
Next
Sec 167 — Non-liability of executor to exonerate specific legatees.
Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.