Bill Title: Creates the Uniform Statutory Rule Against Perpetuities; adopts the "wait and see" for dealing with future interests; gives a period of time within which an interest can actually vest; provides that the rule begins to run at the time an interest is created and that there are certain exceptions to the rule.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2014-01-08 - referred to judiciary [A02815 Detail]

Text: Latest bill text (Introduced) [HTML]

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