California Statutes
§ 21207. — 21207. (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 nongeneral power of appointment or a general testamentary power of appointment is invalid unless one of the following conditions is satisfied:
(a)When the power is created, it is certain to be irrevocably exercised or otherwise to terminate no later than 21 years after the death of an individual then alive.
(b)The power is irrevocably exercised or otherwise terminates within 90 years after its creation.
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California § 21207. (21207. (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.