§ 6107.1. Applicability of rule against perpetuities
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and FiduciariesEffective: January 1, 2007
Effective: January 1, 2007
20 Pa.C.S.A. § 6107.1
§ 6107.1. Applicability of rule against perpetuities
(3) If a power of appointment is exercised to create a new power of appointment, any interest created by the exercise of the new power of appointment is invalid if it does not vest within 360 years of the creation of the original power of appointment, unless the exercise of the new power of appointment expressly states that this provision shall not apply to the interests created by the exercise.
Credits
2006, July 7, P.L. 625, No. 98, § 3.1, imd. effective. Amended 2010, Oct. 27, P.L. 837, No. 85, § 4, retroactive effective Jan. 1, 2007.
20 Pa.C.S.A. § 6107.1, PA ST 20 Pa.C.S.A. § 6107.1
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document |