2014 New York Laws
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

NY Est Pow & Trusts L § 10-8.2 (2014) What's This?
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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