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Pagina 176
STATEMENT OF THE COMMON LAW The common law rule against perpetuities , as stated by Gray , and by numerous court decisions , is as follows : " No interest is good unless it must vest , if at all , not later than twenty - one years after ...
STATEMENT OF THE COMMON LAW The common law rule against perpetuities , as stated by Gray , and by numerous court decisions , is as follows : " No interest is good unless it must vest , if at all , not later than twenty - one years after ...
Pagina 181
Although a charitable trust once vested may continue for a period longer than the period of the rule against perpetuities , a contingent disposition in favor of a charity , following a disposition for private or non - charitable ...
Although a charitable trust once vested may continue for a period longer than the period of the rule against perpetuities , a contingent disposition in favor of a charity , following a disposition for private or non - charitable ...
Pagina 183
It is to be noted , however , if such a trust for accumulation violates the rule against perpetuities in dealing with the principal or corpus , then it is entirely void . Another limitation that is sometimes confused with the Rule ...
It is to be noted , however , if such a trust for accumulation violates the rule against perpetuities in dealing with the principal or corpus , then it is entirely void . Another limitation that is sometimes confused with the Rule ...
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