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A01737 Summary:

BILL NO    A01737 

SAME AS    No Same as 

SPONSOR    Wright



Rpld & add Art 9 Part 1 SS9-1.1 - 9-1.8, amd SS7-2.1 & 11-2.2, EPT L; amd
S7302, Ins L

Creates the Uniform Statutory Rule Against Perpetuities; adopts the "wait and
see" for dealing with future interests; gives a period of time within which an
interest can actually vest; provides that the rule begins to run at the time an
interest is created and that there are certain exceptions to the rule.
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