Section 355 of the Indian Succession Act, 1925 – Interest on sum to be invested produce annuity

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Section 355: Interest on sum to be invested produce annuity

Interest 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.

Source: official text of The Indian Succession Act, 1925 as published on India Code (PDF). All sections of the Indian Succession Act, 1925.

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