Michigan Compiled Laws § 554.27 Remainder On Contingency Defeating Prior Estate; Construction.

554.27 Remainder on contingency defeating prior estate; construction.

Sec. 27.

A remainder may be limited on a contingency, which, in case it should happen, will operate to abridge or determine the precedent estate; and every such remainder shall be construed a conditional limitation, and shall have the same effect as such a limitation would have by law.

History: R.S. 1846, Ch. 62 ;-- CL 1857, 2611 ;-- CL 1871, 4094 ;-- How. 5543 ;-- CL 1897, 8809 ;-- CL 1915, 11545 ;-- CL 1929, 12947 ;-- CL 1948, 554.27

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Last modified: October 10, 2016