StateLawyers Logo Add Your Practice
Attorney Search Issue: State: Idaho City: Search for an Attorney
Home About Us Legal Resources State Resources FAQ Add Your Practice Login Contact Us
Idaho    -    Welcome  |  Attorneys  |  Cities  |  Counties  |  Information  |  Statutes
State Statutes - Idaho - Title 15 - Chapter 2 - 15-2-607
Idaho Statutes
Search Idaho Statutes
15-2-607 - CHANGE IN SECURITIES -- ACCESSIONS -- NONADEMPTION
(a) If the
testator intended a specific devise of certain securities rather than the
equivalent value thereof, the specific devisee is entitled only to:
(1) as much of the devised securities as is a part of the estate at the
time of the testator's death;
(2) any additional or other securities of the same entity owned by the
testator by reason of action initiated by the entity excluding any acquired by
exercise of purchase options;
(3) securities of another entity owned by the testator as a result of a
merger, consolidation, reorganization or other similar action initiated by the
entity; and
(4) any additional securities of the entity owned by the testator as a
result of a plan of reinvestment if it is a regulated investment company.
(b) Distributions prior to death with respect to a specifically devised
security not provided for in subsection (a) of this section are not part of
the specific devise.
 
Click here to visit the Official Idaho State Statutes
Home  |   Sitemap  |   About Us  |   Contact Us  |   Privacy Policy  |   Security  |   Disclaimer  |   Add Your Practice  |   Attorney Login
Copyright © 2004 - 2010, StateLawyers.com, Inc. All Rights Reserved.