Montana § 70-1-424 Future Contingent Interest -- Termination Of Precedent Interest

Montana Statutes

§ 70-1-424 — Future Contingent Interest -- Termination Of Precedent Interest

Montana·Title 70 PROPERTY·Ch. 1 PROPERTY IN GENERAL REAL AND PERSONAL·Part 4 Conditions and Limitations of Ownership

70-1-424 . Future contingent interest -- termination of precedent interest. No future interest, valid in its creation, is defeated by the determination of the precedent interest before the happening of the contingency on which the future interest is limited to take effect, but should such contingency afterwards happen, the future interest takes effect in the same manner and to the same extent as if the precedent interest had continued to the same period.

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70-1-424 . Future contingent interest -- termination of precedent interest. No future interest, valid in its creation, is defeated by the determination of the precedent interest before the happening of the contingency on which the future interest is limited to take effect, but should such contingency afterwards happen, the future interest takes effect in the same manner and to the same extent as if the precedent interest had continued to the same period.

Montana § 70-1-424 (Future Contingent Interest -- Termination Of Precedent Interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 1183, Civ. C. 1895; re-en. Sec. 4477, Rev. C. 1907; re-en. Sec. 6719, R.C.M. 1921; Cal. Civ. C. Sec. 742; Field Civ. C. Sec. 214; re-en. Sec. 6719, R.C.M. 1935; R.C.M. 1947, 67-420.