Bill Title: Real and personal property, rule against perpetuities, duration of interests prior to vesting, Uniform Statutory Rule Against Perpetuities adopted, common law rule repealed, real and personal property to vest in 100 years, trust up to 360 years, Secs. 35-4A-421 to 35-4A-428, inclusive, added; Sec. 35-4-4 repealed

Spectrum: Partisan Bill (Republican 1-0)

Status: (Engrossed - Dead) 2011-05-05 - Pending third reading on day 24 Favorable from Judiciary [SB105 Detail]

Text: Latest bill text (Introduced) [PDF]

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