EPTL 10-8.4 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 10-8.3 Rule against perpetuities; facts to be considered up PART 8 Rule Against Perpetuities and Accumulations As Affected By Powers of Appointment Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 10-8.4 Rule against accumulations; law determining validity in Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 10, PART 8 § 10-8.4 Rule against accumulations; law determining validity in exercise of a power of appointment When a direction for the accumulation of income is contained in an instrument exercising a power, heretofore or hereafter created, the validity of such direction is determined by the law in effect when the power is exercised, and not by the law in effect when the power was created.