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The Indian Succession Act

# 355    Interest on sum to be invested produce annuity

Where a sum of money is directed to be invested to produce an annuity, interest is payable on it from the death of the testator.

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CHAPTER XL.--Of the Produce and Interest of Legacies
  • 351
     Interest when no time fixed for payment of general legacy
  • 352
     Interest when time fixed
  • 353
     Rate of interest
  • 354
     No interest on arrears of annuity within first year after testator’s death
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