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2005 SESSION
HB 2604 Estates; limitations on possibilities of reverter and rights of re-entry.
Introduced by: R. Steven Landes | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Limitations on possibilities of reverter and rights of re-entry. Provides that a possibility of reverter or a right of re-entry is extinguished if the specified contingency does not occur within 30 years after such possibility or right was created. Any person owning such possibility or right may record an initial or renewal notice of intention to preserve such interest for a subsequent 30-year period.
FULL TEXT
HISTORY
- 01/12/05 House: Prefiled & ordered printed; offered 01/12/05 054074376
- 01/12/05 House: Referred to Committee for Courts of Justice
- 01/21/05 House: Tabled in Courts of Justice (20-Y 0-N)