“rule against”

The following 2 entries include the term rule against.

rule against perpetuities

: a common-law rule stating that in order for a future interest to be good it must vest after its creation (as at the death of a testator) within a life in being or lives in being plus 21 years plus the period of gestation of any beneficiary conceived but not yet born compare life in being, statutory rule against perpetuities, wait and see

statutory rule against perpetuities

: a statute setting forth the requirements for the vesting of a future interest in property and superseding the common-law rule against perpetuities


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