IC 32-17-8 – Uniform Statutory Rule Against Perpetuities | Midpage

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Indiana Code

Chapter 8

IC 32-17-8

Uniform Statutory Rule Against Perpetuities

1Application of chapter; reformation of disposition created before May 8, 1991 2Exclusions 3Nonvested property interests; powers of appointment; validity 3.5Trust; subsequent power of appointment created by initial appointment 4Nonvested property interests or powers of appointment; time of creation 4.5Lifetime transfer of property; inter vivos transfer of property; limited power of appointment to spouse 5Clauses taking effect upon the later of certain occurrences; portion invalid; construction 6Judicial reformation of disposition