Section 166: Stock specifically bequeathed sold but replaced, and belonging to testator at his death CHAPTER XVII OF THE PAYMENT OF LIABILITIES IN THE RESPECT OF THE SUBJECT OF A BEQUESTS
The Succession Act · Federal Acts · Part VI · in_force
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Stock specifically bequeathed sold but replaced, and belonging to testator at his death. Where stock specifically bequeathed is sold, and an equal quantity of the same stock is afterwards purchased and belongs to the testator at his death, the legacy is not adeemed. CHAPTER XVII OF THE PAYMENT OF LIABILITIES IN RESPECT OF THE SUBJECT OF A BEQUEST.
Related sections
Section 165: Stock specifically bequeathed lent to third party on condition that it be replacedSection 167: Non-liability of executor to exonerate specific legateesSection 164: Change of subject without testator’s knowledgeSection 168: Completion of testator’s title to things bequeathed to be at cost of his estateSection 163: Change by operation of law of subject of specific bequest between date of will and testator’s deathSection 169: Exoneration of legatee’s immoveable property for which land-revenue or rent payable periodically
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