LawgistThe Indian Succession Act
355Interest 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
- 349 Legatee’s title to produce of specific legacy
- 350 Residuary legatee’s title to produce of residuary fund
- 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
- 355 Interest on sum to be invested produce annuity
