Statute · New York Estates, Powers & Trusts Law
N.Y. Est. Powers & Trusts Law § 6-4.5 — Definition of a possibility of reverter
N.Y. Est. Powers & Trusts Law § 6-4.5
- Type
- Statute
- Source
- New York Estates, Powers & Trusts Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 6-4.5 Definition of a possibility of reverter
Citator
N.Y. Est. Powers & Trusts Law § 6-4.5 — Definition of a possibility of reverter is in force in the current edition of the Code, and nothing recorded condemns it.
§ 6-4.5 Definition of a possibility of reverter
A possibility of reverter is the future estate left in the creator or in his successors in interest upon the simultaneous creation of an estate that will terminate automatically within a period of time defined by the occurrence of a specified event.