Abstract
In 1963, Arizona enacted new perpetuities legislation; section 33-261.01 of the Arizona Revised Statutes provides:
The common law rule known as the rule against perpetuities shall hereafter be applicable to all property of every kind and nature and estates and other interests therein, whether personal, real or mixed, legal or equitable by way of trust or otherwise.
The former "perpetuities" section, and related sections, were repealed.
It is the purpose of this article to examine the present law of perpetuities in this state, and to suggest modifications or changes, if any seem to be desirable. This article will include an examination of (1) the section in the Arizona constitution (declaration of rights) which provides that "no law shall be enacted permitting any perpetuity;" (2) the two-life rule which was adopted in 1918 and copied from Wisconsin; and (3) the Act of 1963, which repealed the 1913 enactment and declared the common law rule to be applicable to all property, real and personal.
How to Cite
10 Ariz. L. Rev. 347 (Fall 1968)
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