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2010 New York Code
EPT - Estates, Powers & Trusts
Article 10 - POWERS
Part 8 - (10-8.1 - 10-8.4) RULE AGAINST PERPETUITIES AND ACCUMULATIONS AS AFFECTED BY POWERS OF APPOINTMENT
10-8.2 - Rule against perpetuities; law which determines permissible period

§ 10-8.2 Rule  against  perpetuities;  law  which determines permissible
             period
    In all cases covered by 10-8.1, the permissible  period  of  the  rule
  against  perpetuities  is determined by the law in effect when the power
  is exercised or the unqualified power to revoke is terminated,  and  not
  by the law in effect when the power was created.

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