Statute · New York Estates, Powers & Trusts Law
N.Y. Est. Powers & Trusts Law § 10-8.3 — Rule against perpetuities; facts to be considered
N.Y. Est. Powers & Trusts Law § 10-8.3
- Type
- Statute
- Source
- New York Estates, Powers & Trusts Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 10-8.3 Rule against perpetuities; facts to be considered
Citator
N.Y. Est. Powers & Trusts Law § 10-8.3 — Rule against perpetuities; facts to be considered is in force in the current edition of the Code, and nothing recorded condemns it.
§ 10-8.3 Rule against perpetuities; facts to be considered
When the permissible period of the rule against perpetuities must be computed from the time of the creation of the power of appointment, facts and circumstances existing on the effective date of the instrument exercising the power shall be taken into account in determining the validity of interests created by the instrument exercising the power.