EPTL 9-1.4 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 9-1.3 Rules of construction up PART 1 Perpetuities next SECTION 9-1.5 Trust with transferable certificates Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 9-1.4 Acquisition of real property by foreign trust Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 9, PART 1 § 9-1.4 Acquisition of real property by foreign trust Where real property situated in this state is acquired by a trust validly created under the law of another jurisdiction, whether there is a violation of the rule against perpetuities and whether a direction for the accumulation of rents and profits is valid are determined by the law of this state in effect at the time of the acquisition of such property.