Amendment status not verified — confirm the current text below against the official source.
Procedure when no fund charged with, or appropriated to, annuity.-Where an annuity is given and no fund is charged with its payment or appropriated by the will to answer it, a Government annuity of the specified amount shall be purchased, or, if no such annuity can be obtained, then a sum sufficient to produce the annuity shall be invested for that purpose in securities of the kind mentioned in section 341.