Rule Against Perpetuities; Law Which Determines Permissible Period

  1. Law
  2. New York Laws
  3. Estates, Powers and Trusts
  4. Powers
  5. Rule Against Perpetuities and Accumulations as Affected by Powers of Appointment
  6. Rule Against Perpetuities; Law Which Determines Permissible Period

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§ 10-8.2 Rule against perpetuities; law which determines permissible

period

In all cases covered by 10-8.1, the permissible period of the rule against perpetuities is determined by the law in effect when the power is exercised or the unqualified power to revoke is terminated, and not by the law in effect when the power was created.



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