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§ 75. Reformation of interests violating rule against perpetuities--Intent

Oklahoma Statutes AnnotatedTitle 60. Property

Oklahoma Statutes Annotated
Title 60. Property (Refs & Annos)
Chapter 2. Estates in Real Property
Estates in Real Property (Cont'D)
60 Okl.St.Ann. § 75
§ 75. Reformation of interests violating rule against perpetuities--Intent
Any interest in real or personal property that would violate the rule against perpetuities shall be reformed, or construed within the limits of the rule, to give effect to the general intent of the creator of that interest whenever that general intent can be ascertained. This provision shall be liberally construed and applied to validate such interest to the fullest extent consistent with such ascertained intent.

Credits

Laws 1971, c. 139, § 1, eff. Oct. 1, 1971.
60 Okl. St. Ann. § 75, OK ST T. 60 § 75
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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