Mera Samvidhaan All of Indian Succession Act, 1925

Part IX · Chapter X · Of the Investment of Funds to Provide for Legacies

341Investment of sum bequeathed, where legacy, not specific, given for life.

Section 341 · Part IX · Chapter X · page 87 of the Act

Where a legacy, not being a specific legacy, is given for life, the sum bequeathed shall at the end of the year he invested in such securities as the High Court may by any general rule authorise or direct, and the proceeds thereof shall be paid to the legatee as the same shall accrue due.

Other provisions that mention Section 341

Section 341 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.