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1997 SESSION
HB 2574 Rule against perpetuities to trusts.
Introduced by: Roger J. McClure | all patrons ... notes | add to my profiles
SUMMARY:
Rule against perpetuities. Removes trusts established by a revocable inter vivos trust agreement from the dictates of the rule against perpetuities, provided that at least one trustee is a corporate trustee licensed to do business in Virginia.
FULL TEXT
HISTORY
- 01/20/97 House: Presented & ordered printed 973592346
- 01/20/97 House: Referred to Committee for Courts of Justice
- 01/23/97 House: Assigned to C. J. sub-committee: 2
- 02/04/97 House: No action taken by Courts of Justice by voice vote