Section 4-406 - Exoneration.
§ 4-406. Exoneration.
Unless a contrary intent is expressly indicated in the will, a legacy of specific property shall pass subject to a security interest or lien on the property which existed at the time of execution of the will or which is a renewal, extension, or refinancing. If a security interest or lien is created or attaches initially after the execution of the will, the legatee is entitled to exoneration.
[An. Code 1957, art. 93, § 4-406; 1974, ch. 11, § 2.]