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Searching 2019-2020 Session

The Vermont Statutes Online

The statutes were updated in November, 2018, and contain all actions of the
2018 legislative session.

Title 27 : Property

Chapter 005 : CONVEYANCE OF REAL ESTATE

Subchapter 005 : PERPETUITIES

(Cite as: 27 V.S.A. § 501)
  • § 501. Reformation of interests violating rule against perpetuities

    Any interest in real or personal property which would violate the rule against perpetuities shall be reformed, within the limits of that rule, to approximate most closely the intention of the creator of the interest. In determining whether an interest would violate said rule and in reforming an interest the period of perpetuities shall be measured by actual rather than possible events.