Laws of New York (Last Updated: November 21, 2014) |
EPT Estates, Powers and Trusts |
Article 9. PERPETUITIES AND ACCUMULATIONS |
Part 1. PERPETUITIES |
Section 9-1.2. Reduction of age contingency
Latest version.
-
Where an estate would, except for this section, be invalid because made to depend, for its vesting or its duration, upon any person attaining or failing to attain an age in excess of twenty-one years, the age contingency shall be reduced to twenty-one years as to any or all persons subject to such contingency.