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2023 Vermont Statutes
Title 27 - Property
Chapter 5 - Conveyance of Real Estate
§ 501. Reformation of interests violating rule against perpetuities
Universal Citation: 27 V.S.A. § 501
§ 501. Reformation of interests violating rule against perpetuities
Any interest in real or personal property which would violate the rule against perpetuities shall be reformed, within the limits of that rule, to approximate most closely the intention of the creator of the interest. In determining whether an interest would violate said rule and in reforming an interest the period of perpetuities shall be measured by actual rather than possible events.
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