 | William P. LaPiana - 1994 - 265 σελίδες
...Perpetuities can be applied mechanically—"No interest is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest." 99 It is the clear line the "the law has laid down" to balance the desire to provide for future generations... | |
 | John Bishop Ballem - 1999 - 424 σελίδες
...be summarized as follows: no interest is good unless it must vest (if it vests at all) not more than twenty-one years after some life in being at the creation of the interest. It is common practice to protect against the operation of the rule by inserting a provision that the... | |
 | Paul Vinogradoff - 2000 - 116 σελίδες
...elaborated as stated, eg, by Gray: BNo interest is good unless it must vest, if at all, not later than twentyone years after some life in being at the creation of the interest." The motive for the rule was well stated by Jekyll, MR in Stanley v. Leigh (1732) 2 P Wms 686: as nthe... | |
 | Alan Watson - 2000 - 238 σελίδες
...the Rule is by John Chipman Gray: "No interest is good unless it must vest, if at all, not later than twentyone years after some life in being at the creation of the interest." -M To those who are no longer cognoscenti, I give one simple example to illustrate the working of the... | |
 | John Chipman Gray - 2002 - 474 σελίδες
...Statement of the Rule. In the first edition the Rule against Perpetuities was given in this form : NO INTEREST SUBJECT TO A CONDITION PRECEDENT IS GOOD,...UNLESS THE CONDITION MUST BE FULFILLED, IF AT ALL, WITHIN1 TWENTY-ONE YEARS AFTER SOME LIFE IN BEING AT THE CREATION OF THE INTEREST. This appears to... | |
 | Ralph Brashier - 2008 - 273 σελίδες
...Against Perpetuities provides, "No interest is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest." JOHN C. GRAY, THE RULE AGAINST PERPETUITIES § 201 (4th ed. 1942). See generally LEWIS M. SIMES & ALLAN... | |
 | Marion R. Fremont-Smith - 2008 - 580 σελίδες
...given by Professor Gray, is that "No interest is good unless it must vest, if at all, not later than twentyone years after some life in being at the creation of the interest."99 The purpose behind the Rule was to prevent the withdrawal of property from commerce. The... | |
 | George P. Fletcher, Steve Sheppard - 2005 - 696 σελίδες
...against perpetuities declares that: "No interest is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest." JC Gray, The Rule Against Perpetuities (4th ed.) § 201, at 191 (Boston: Little, Brown & Co., 1942).... | |
 | Graham Moffat - 2005 - 1110 σελίδες
...reflects these considerations: 'no interest is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest' (Gray The Rule against Perpetuities (4th edn) p 201). In substance it permits the testator 'to give... | |
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... the rule against perpetuities. "The rule against perpetuities is thus stated : 'No interest subject to a condition precedent is good unless the condition must be fulfilled, if at all, within twenty-one years after some life in being at the creation... 
