§ 2-6-108 — Specific devise of 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:
(i) As much of the devised securities as are a part
of the estate at time of the testator's death;
(ii) 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;
(iii) 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
(iv) Any additional securities of the entity owned by
the testator as a result of a plan of reinvestment.
(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.