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Current as of January 01, 2025 | Updated by Findlaw Staff
Upon petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the ninety (90) years allowed by Section 89-25-3(1)(b), (2)(b) or (3)(b) or the three hundred sixty (360) years allowed in Section 89-25-9(h), if:
(a) A nonvested property interest or a power of appointment becomes invalid under Section 89-25-3;
(b) A class gift is not invalid, but might become invalid under Section 89-25-3, and the time has arrived when the share of any class member is to take effect in possession or enjoyment;
(c) A nonvested property interest that is not validated by Section 89-25-3(1)(a) can vest but not within ninety (90) years after its creation; or
(d) In the case of a trust which otherwise meets the requirements of Section 89-25-9(h), all beneficial interests in the trust can vest or the trust can terminate but not within three hundred sixty (360) years.
Cite this article: FindLaw.com - Mississippi Code Title 89. Real and Personal Property § 89-25-7 - last updated January 01, 2025 | https://codes.findlaw.com/ms/title-89-real-and-personal-property/ms-code-sect-89-25-7/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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