Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the 90 years allowed by § 18-3-101(a)(2), § 18-3-101(b)(2), or § 18-3-101(c)(2) if:
(1) a nonvested property interest or a power of appointment becomes invalid under § 18-3-101;
(2) a class gift is not but might become invalid under § 18-3-101 and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or
(3) a nonvested property interest that is not validated by § 18-3-101(a)(1) can vest but not within 90 years after its creation.
Section: Previous 18-3-102 18-3-103 18-3-104 18-3-105 18-3-106 18-3-107 18-3-109 NextLast modified: November 15, 2016