§ 77. Reformation of offending instruments
Oklahoma Statutes AnnotatedTitle 60. Property
60 Okl.St.Ann. § 77
§ 77. Reformation of offending instruments
If an instrument violates the rule against perpetuities, but can be reformed or construed in accordance with the provisions of this act, it shall not be declared totally invalid. Rather, the provisions thereof that do not offend the rule shall be enforced, and only the provisions thereof that do violate, or might violate, the rule shall be subject to reformation or construction under the doctrine of cy pres within the terms of this act.
Credits
Laws 1971, c. 139, § 3, eff. Oct. 1, 1971.
60 Okl. St. Ann. § 77, OK ST T. 60 § 77
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.
End of Document |