Idaho § 15-2-607 CHANGE IN SECURITIES — ACCESSIONS — NONADEMPTION

Idaho Statutes

§ 15-2-607 — CHANGE IN SECURITIES — ACCESSIONS — NONADEMPTION

Idaho § 15-2-607

Title 15UNIFORM PROBATE CODE

Part 6.RULES OF CONSTRUCTION

Ch. 2INTESTATE SUCCESSION — WILLS

This text of Idaho § 15-2-607 (CHANGE IN SECURITIES — ACCESSIONS — NONADEMPTION) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 15-2-607 (2026).

Text

(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 specif

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(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.