Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
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.