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 another item of property has been obtained as its replacement or a claim for its compensation has been acquired, the legatee may claim the delivery of the replacement obtained or may claim the compensation himself, as the case may be.

When a will is made for the discharge of a debt or transfer of a claim, such will shall be effective up to the amount outstanding at the time of the death of the testator, save where the testator has otherwise designated.

If there is an evidentiary document for the discharge of the debt or transfer of the claim, it shall be delivered to the legatee, and sections 303 through 313 and 340 of this Code shall be applied mutatis mutandis. But if the testator should have carried out any act or proceeding under any such section, the person who is to execute the will or legatee may carry out the act or proceeding on his behalf.

A will made by any person in favour of any of his creditors shall be presumed to have not been made for the payment of a debt due to such creditor.