O.C.G.A. § 44-6-61: Vested and contingent remainders distinguished.
Where this section sits in the code
- TITLE 44 Property
- CHAPTER 6 Estates
- Article 4 Remainders and Reversions
Remainders are either vested or contingent. A vested remainder is a remainder which is limited to a certain person at a certain time or which is dependent upon the happening of a necessary event. A contingent remainder is a remainder which is limited to an uncertain person or which is dependent upon an event which may or may not happen.
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