120Exercise price—how satisfied

#### 120 Exercise price—how satisfied 120 Exercise price—how satisfied > If a spouse elects to acquire property from the intestate estate, the exercise price is to be satisfied— > > > (a) first from money to which the spouse is entitled from the intestate estate, and > > > (b) if that is insufficient, from money paid by the spouse to the estate on or before the date of transfer. > > **s 120:** Ins 2009 No 29, Sch 1 \[4\].