Statute · New York Estates, Powers & Trusts Law

N.Y. Est. Powers & Trusts Law § 10-8.2 — Rule against perpetuities; law which determines permissible

N.Y. Est. Powers & Trusts Law § 10-8.2

Type
Statute
Source
New York Estates, Powers & Trusts Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

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

Citator

N.Y. Est. Powers & Trusts Law § 10-8.2 — Rule against perpetuities; law which determines permissible is in force in the current edition of the Code, and nothing recorded condemns it.

§ 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.