California Statutes
§ 21206. — 21206. (Added by Stats. 1991, Ch. 156, Sec. 24.)
California·Code PROB Probate Code - PROB·Div. 11. DIVISION 11. CONSTRUCTION OF WILLS, TRUSTS, AND OTHER INSTRUMENTS·Part 2. PART 2. PERPETUITIES·Ch. 1. CHAPTER 1. Uniform Statutory Rule Against Perpetuities·Art. 2. ARTICLE 2. Statutory Rule Against Perpetuities
A general power of appointment not presently exercisable because of a condition precedent is invalid unless one of the following conditions is satisfied:
(a)When the power is created, the condition precedent is certain to be satisfied or become impossible to satisfy no later than 21 years after the death of an individual then alive.
(b)The condition precedent either is satisfied or becomes impossible to satisfy within 90 years after its creation.
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California § 21206. (21206. (Added by Stats. 1991, Ch. 156, Sec. 24.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1991, Ch. 156, Sec. 24.