Remainders are either vested or contingent. A vested remainder is a remainder which is limited to a certain person at a certain time or which is dependent upon the happening of a necessary event. A contingent remainder is a remainder which is limited to an uncertain person or which is dependent upon an event which may or may not happen.
Section: 44-6-60 44-6-61 44-6-62 44-6-63 44-6-64 44-6-65 44-6-66 44-6-67 44-6-68 NextLast modified: October 14, 2016