2017 California Code
Probate Code - PROB
DIVISION 11 - CONSTRUCTION OF WILLS, TRUSTS, AND OTHER INSTRUMENTS
PART 2 - PERPETUITIES
CHAPTER 1 - Uniform Statutory Rule Against Perpetuities
ARTICLE 2 - Statutory Rule Against Perpetuities
Section 21205.

Universal Citation: CA Prob Code § 21205 (2017)
21205.  

A nonvested property interest is invalid unless one of the following conditions is satisfied:

(a) When the interest is created, it is certain to vest or terminate no later than 21 years after the death of an individual then alive.

(b) The interest either vests or terminates within 90 years after its creation.

(Added by Stats. 1991, Ch. 156, Sec. 24.)

Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.