- Estates and Trusts - Rule Against Perpetuities
- Sponsored by
- Delegate Rosenberg
- In the House - Hearing 2/05 at 2:00 p.m.
Limiting a statutory exception to the common-law rule against perpetuities that provides that the rule does not apply to an option of a tenant to purchase all or part of the premises leased by the tenant to an option that is exercisable only during the term of the lease; and providing for the prospective application of the Act.
Last Updated: 1/19/2020 9:40 AM