Legislation
SECTION 10-8.3
Rule against perpetuities; facts to be considered
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 10, PART 8
§ 10-8.3 Rule against perpetuities; facts to be considered
When the permissible period of the rule against perpetuities must be
computed from the time of the creation of the power of appointment,
facts and circumstances existing on the effective date of the instrument
exercising the power shall be taken into account in determining the
validity of interests created by the instrument exercising the power.
When the permissible period of the rule against perpetuities must be
computed from the time of the creation of the power of appointment,
facts and circumstances existing on the effective date of the instrument
exercising the power shall be taken into account in determining the
validity of interests created by the instrument exercising the power.