§ 60-75. Reformation of interests violating rule against perpetuities - Intent.

Any interest in real or personal property that would violate the rule against perpetuities shall be reformed, or construed within the limits of the rule, to give effect to the general intent of the creator of that interest whenever that general intent can be ascertained.  This provision shall be liberally construed and applied to validate such interest to the fullest extent consistent with such ascertained intent.

Added by Laws 1971, c. 139, § 1, eff. Oct. 1, 1971.