Florida Statutes § 155.02 — Rule against perpetuities inapplicable.
Search Florida StatutesFrom the Legislature's 2026 edition, which includes changes effective through January 1, 2027. Later effective dates are retained in each section's source notes.
No such trust shall be invalid by reason of the rule against perpetuities nor shall the rights of the persons creating the same, their heirs, legatees or assigns, to receive back their stock upon the termination of said trust be impaired or denied by reason of any application of the statutes of uses or the rule against perpetuities.
History
History.—s. 2, ch. 17834, 1937; CGL 1940 Supp. 2934(29).
Source captured on 2026-10-10. Read the official chapter.