ARTICLE 2. Statutory Rule Against Perpetuities

Article 2 added by Stats. 1991, Ch. 156, Sec. 24.

§§ 21205–21209 · 5 sections

• § 21205 A nonvested property interest is invalid unless one of the following conditions is satisfied: (a) When the interest is created, it is certain to vest or…
• § 21206 A general power of appointment not presently exercisable because of a condition precedent is invalid unless one of the following conditions is satisfied: (a)…
• § 21207 A nongeneral power of appointment or a general testamentary power of appointment is invalid unless one of the following conditions is satisfied: (a) When the…
• § 21208 In determining whether a nonvested property interest or a power of appointment is valid under this article, the possibility that a child will be born to an…
• § 21209 (a) If, in measuring a period from the creation of a trust or other property arrangement, language in a governing instrument (1) seeks to disallow the vesting…