Section 326, Indian Succession Act, 1925 — Executor or administrator not bound to pay legacies without indemnity

Part IX · Chapter VII · Of the Duties of an Executor or Administrator

326Executor or administrator not bound to pay legacies without indemnity.

Section 326 · Part IX · Chapter VII · page 85 of the Act

If the estate of the deceased is subject to any contingent liabilities, an executor or administrator is not bound to pay any legacy without a sufficient indemnity to meet the liabilities whenever they may become due.

Section 326 of The Indian Succession Act, 1925 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.