California Statutes

§ 21220. — 21220. (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. 4. ARTICLE 4. Reformation

On petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor’s manifested plan of distribution and is within the 90 years allowed by the applicable provision in Article 2 (commencing with Section 21205), if any of the following conditions is satisfied:

(a)A nonvested property interest or a power of appointment becomes invalid under the statutory rule against perpetuities provided in Article 2 (commencing with Section 21205).
(b)A class gift is not but might become invalid under the statutory rule against perpetuities provided in Article 2 (commencing with Section 21205), and the time has arrived when the share of any class member is to take effect in possession or enjoyment.
(c)A nonvested property interest that is n

Free access — add to your briefcase to read the full text and ask questions with AI

California § 21220. (21220. (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.
View on official source ↗