§ 21212. — 21212. (Added by Stats. 1991, Ch. 156, Sec. 24.)

California § 21212.

• Jurisdiction: 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. 3.: ARTICLE 3. Time of Creation of Interest

Text

For purposes of this chapter, a nonvested property interest or a power of appointment arising from a transfer of property to a previously funded trust or other existing property arrangement is created when the nonvested property interest or power of appointment in the original contribution was created.

Legislative History

Added by Stats. 1991, Ch. 156, Sec. 24.