State Act
130
Section 130. Interest when no time fixed for payment of general legacy.
THE PROBATE AND ADMINISTRATION ACT, 1977 (1920 A.D.)
In forceJammu and Kashmir (State Act)
130. Interest when no time fixed for payment of general legacy. Where no time has been fixed for the payment of a general legacy, interest begins to run from the expiration of one year from the testator’s death. Exceptions. ––(1) Where the legacy is bequeathed in satisfaction of a debt, interest runs from the death of the testator. (2)Where the testator was a parent or a more remote ancestor of the legatee, or has put himself in the place of a parent of the legatee, the legacy shall bear interest from the death of the testator. (3)Where a sum is bequeathed to a minor with a direction to pay for his maintenance out of it, interest is payable from the death of the testator.