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Common-law rule against perpetuities abolished.

G.S. 41-6.5
in effect
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§ 41-6.5.  Common-law rule against perpetuities abolished. (a) The rule of the common law known as the rule against perpetuities is abolished. (b) Article 2 of this Chapter sets out the Uniform Statutory Rule Against Perpetuities. (c) This section applies to a property interest or a power of appointment created on or after October 1, 1995. This section clarifies the intent of the General Assembly to abolish the common-law rule against perpetuities when it enacted Chapter 190 of the 1995 Session Laws, which enacted the Uniform Statutory Rule Against Perpetuities. (2022-64, s. 3(a).)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_41/GS_41-6.5.htmlFetched: 10/19/2026

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