New Hampshire § 564:24 Exemption from Rule Against Perpetuities

New Hampshire Statutes

§ 564:24 — Exemption from Rule Against Perpetuities

New Hampshire § 564:24

Title LVIPROBATE COURTS AND DECEDENTS' ESTATES

Ch. 564TRUSTEES OF ESTATES

This text of New Hampshire § 564:24 (Exemption from Rule Against Perpetuities) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 564:24 (2026).

Text

I. The common law rule against perpetuities shall not apply to any disposition of property or interest therein, created after the effective date of this section, if:

(a)The instrument making the disposition or creating the interest contains a provision which expressly exempts the instrument from the application of the rule against perpetuities; and

(b)The trustee, or other person to whom the power is properly granted or delegated, has the power under the governing instrument, applicable statute, or common law, to sell, mortgage, or lease property for any period of time beyond the period that is required for an interest created under the governing instrument to vest in order to be valid under the rule against perpetuities. II. [Repealed.]

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

I. The common law rule against perpetuities shall not apply to any disposition of property or interest therein, created after the effective date of this section, if:
(a) The instrument making the disposition or creating the interest contains a provision which expressly exempts the instrument from the application of the rule against perpetuities; and
(b) The trustee, or other person to whom the power is properly granted or delegated, has the power under the governing instrument, applicable statute, or common law, to sell, mortgage, or lease property for any period of time beyond the period that is required for an interest created under the governing instrument to vest in order to be valid under the rule against perpetuities.
II. [Repealed.]