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2017 Indiana Code
TITLE 32. Property
ARTICLE 17. INTERESTS IN PROPERTY
CHAPTER 10. Limitations on Possibility of Reverter or Rights of Entry for a Breach of a Condition Subsequent
32-17-10-2. Duration of possibility of reverter or right of entry for breach of condition subsequent
Universal Citation: IN Code § 32-17-10-2 (2017)
IC 32-17-10-2 Duration of possibility of reverter or right of entry for breach of condition subsequent
Sec. 2. A possibility of reverter or right of entry for breach of a condition subsequent concerning real property is invalid after thirty (30) years from the date the possibility of reverter or right of entry is created, notwithstanding a period of creation longer than thirty (30) years:
(1) if the breach of the condition has not occurred; and
(2) despite whether the possibility of reverter or right of entry was created before, on, or after July 1, 1993.
[Pre-2002 Recodification Citation: 32-1-21-2.]
As added by P.L.2-2002, SEC.2.
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