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2020 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 21206.
Universal Citation: CA Prob Code § 21206 (2020)
21206.
A general power of appointment not presently exercisable because of a condition precedent is invalid unless one of the following conditions is satisfied:
(a) When the power is created, the condition precedent is certain to be satisfied or become impossible to satisfy no later than 21 years after the death of an individual then alive.
(b) The condition precedent either is satisfied or becomes impossible to satisfy within 90 years after its creation.
(Added by Stats. 1991, Ch. 156, Sec. 24.)
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