Article 2 Rule Against Perpetuities

This article is comprised of the following sections:
  • §55.1-124 Uniform Statutory Rule Against Perpetuities
  • §55.1-125 When nonvested property interest or power of appointment created
  • §55.1-126 Reformation
  • §55.1-127 Exclusions from statutory rule against perpetuities
  • §55.1-128 Prospective application
  • §55.1-129 Uniformity of application and construction
  • §55.1-130 Certain limitations construed
  • §55.1-131 Employee trusts
  • §55.1-132 Determination of “lives in being” for purpose of rule against perpetuities
  • §55.1-133 Application of the rule against perpetuities to nondonative transfers