There is a newer version
of
the New York Laws
2019 New York Laws
EPT - Estates, Powers and Trusts
Article 9 - Perpetuities and Accumulations
Part 1 - Perpetuities
9-1.4 - Acquisition of Real Property by Foreign Trust
Universal Citation: NY Est Pow & Trusts L § 9-1.4 (2019)
§ 9-1.4 Acquisition of real property by foreign trustWhere real property situated in this state is acquired by a trust validly created under the law of another jurisdiction, whether there is a violation of the rule against perpetuities and whether a direction for the accumulation of rents and profits is valid are determined by the law of this state in effect at the time of the acquisition of such property.
Disclaimer: These codes may not be the most recent version. New York 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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.