§6105. Rule against perpetuities; disposition when invalidity occurs.

Latest version.

(a) Valid interests following void interests.--A valid interest following a void interest in income shall be accelerated to the termination date of the last preceding valid interest.

(b) Void interests on condition subsequent or special limitation.--A void interest following a valid interest on condition subsequent or special limitation shall vest in the owner of such valid interest.

(c) Other void interests.--Any other void interest shall vest in the person or persons entitled to the income at the expiration of the period described in section 6104(b) (relating to void interest; exceptions).

Notation

Cross References. Section 6105 is referred to in sections 6104, 6107.1 of this title.

                    
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