Central Act
346
Section 346. Investment of residue bequeathed for life, with direction to invest in specified securities.
The Indian Succession Act, 1925
In forceAll India (Central Act)
346. Investment of residue bequeathed for life, with direction to invest in specified securities. When the testator has bequeathed the residue of his estate of a person for life with a direction that it shall be invested in certain specified securities, so much of the estate as is not at the time of his death invested in securities of the specified kind shall be converted into money and invested in such securities.