Tennessee § 66-1-204 Judicial reformation of property disposition

Tennessee Statutes

§ 66-1-204 — Judicial reformation of property disposition

Tennessee § 66-1-204

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This text of Tennessee § 66-1-204 (Judicial reformation of property disposition) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 66-1-204 (2026).

Text

Upon the 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 ninety (90) years allowed by §§ 66-1-202(a)(2), (b)(2) or (c)(2) if any of the following conditions is satisfied:

(1)A nonvested property interest or a power of appointment becomes invalid under the statutory rule against perpetuities provided in § 66-1-202 ;

(2)A class gift is not but might become invalid under the statutory rule against perpetuities provided in § 66-1-202 , and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or (3) A nonvested property interest that is not validated by § 66-1-202(a)(1) can vest but not within ninety (90) years af

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Upon the 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 ninety (90) years allowed by §§ 66-1-202(a)(2), (b)(2) or (c)(2) if any of the following conditions is satisfied: (1) A nonvested property interest or a power of appointment becomes invalid under the statutory rule against perpetuities provided in § 66-1-202 ; (2) A class gift is not but might become invalid under the statutory rule against perpetuities provided in § 66-1-202 , and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or (3) A nonvested property interest that is not validated by § 66-1-202(a)(1) can vest but not within ninety (90) years after its creation.