State Codes and Statutes

State Codes and Statutes

Statutes > California > Prob > 21200-21202

SECTION 21200-21202

21200.  This chapter shall be known and may be cited as the Uniform
Statutory Rule Against Perpetuities.

21201.  This chapter supersedes the common law rule against

21202.  (a) Except as provided in subdivision (b), this part applies
to nonvested property interests and unexercised powers of
appointment regardless of whether they were created before, on, or
after January 1, 1992.
   (b) This part does not apply to any property interest or power of
appointment the validity of which has been determined in a judicial
proceeding or by a settlement among interested persons.