LawgistThe Indian Succession Act
176Where gift of annuity and residuary gift, whole annuity to be first satisfied
Where there is a gift of an annuity and a residuary gift, the whole of the annuity is to be satisfied before any part of the residue is paid to the residuary legatee, and, if necessary, the capital of the testator's estate shall be applied for that purpose.
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CHAPTER XX.--Of Bequests of Annuities
- 173 Annuity created by will payable for life only unless contrary intention appears by will
- 174 Period of vesting where will directs that annuity be provided out of proceeds of property, or out of property generally, or where money bequeathed to be invested in purchase of annuity
- 175 Abatement of annuity
- 176 Where gift of annuity and residuary gift, whole annuity to be first satisfied
