Section 21230.
21230. The lives of individuals selected to govern the time of vesting pursuant to Article 2 (commencing with Section 21205) of Chapter 1 may not be so numerous or so situated that evidence of their deaths is likely to be unreasonably difficult to obtain. (Added by Stats. 1991, Ch. 156, Sec. 24.)
Section 21231.
21231. In determining the validity of a nonvested property interest pursuant to Article 2 (commencing with Section 21205) of Chapter 1, an individual described as the spouse of an individual alive at the commencement of the perpetuities period shall be deemed to be an individual alive when the interest is created, whether or not the […]
Section 21200.
21200. This chapter shall be known and may be cited as the Uniform Statutory Rule Against Perpetuities. (Added by Stats. 1991, Ch. 156, Sec. 24.)
Section 21201.
21201. This chapter supersedes the common law rule against perpetuities. (Added by Stats. 1991, Ch. 156, Sec. 24.)
Section 21202.
21202. (a) Except as provided in subdivision (b), this part applies to nonvested property interests and unexercised powers of appointment regardless of whether they were created before, on, or after January 1, 1992. (b) This part does not apply to any property interest or power of appointment the validity of which has been determined in a judicial […]
Section 21205.
21205. A nonvested property interest is invalid unless one of the following conditions is satisfied: (a) When the interest is created, it is certain to vest or terminate no later than 21 years after the death of an individual then alive. (b) The interest either vests or terminates within 90 years after its creation. (Added by Stats. […]
Section 21206.
21206. A general power of appointment not presently exercisable because of a condition precedent is invalid unless one of the following conditions is satisfied: (a) When the power is created, the condition precedent is certain to be satisfied or become impossible to satisfy no later than 21 years after the death of an individual then alive. […]
Section 21207.
21207. A nongeneral power of appointment or a general testamentary power of appointment is invalid unless one of the following conditions is satisfied: (a) When the power is created, it is certain to be irrevocably exercised or otherwise to terminate no later than 21 years after the death of an individual then alive. (b) The power is […]
Section 21208.
21208. In determining whether a nonvested property interest or a power of appointment is valid under this article, the possibility that a child will be born to an individual after the individual’s death is disregarded. (Added by Stats. 1991, Ch. 156, Sec. 24.)
Section 21209.
21209. (a) If, in measuring a period from the creation of a trust or other property arrangement, language in a governing instrument (1) seeks to disallow the vesting or termination of any interest or trust beyond, (2) seeks to postpone the vesting or termination of any interest or trust until, or (3) seeks to operate in […]