Section 554.27 - Remainder on contingency defeating prior estate; construction.
Revised Statutes of 1846 (EXCERPT)
Chapter 62. Of The Nature And Qualities Of Estates In Real And Personal Property, And The Alienation Thereof.
554.27 Remainder on contingency defeating prior estate; construction.
Chapter 62. Of The Nature And Qualities Of Estates In Real And Personal Property, And The Alienation Thereof.
554.27 Remainder on contingency defeating prior estate; construction.
Sec. 27.
A remainder may be limited on a contingency, which, in case it should happen, will operate to abridge or determine the precedent estate; and every such remainder shall be construed a conditional limitation, and shall have the same effect as such a limitation would have by law.
History: R.S. 1846, Ch. 62 ;--CL 1857, 2611 ;--CL 1871, 4094 ;--How. 5543 ;--CL 1897, 8809 ;--CL 1915, 11545 ;--CL 1929, 12947 ;--CL 1948, 554.27