N.Y. Estates, Powers & Trusts Law § 6-3.3: Concerning the creation of certain future estates

§ 6-3.3 Concerning the creation of certain future estates

(a) Subject to the provisions of article 9:

(1) An estate may be created to commence at a future time.

(2) An estate for life may be created in a term of years and a future

estate limited thereon.

(3) A future estate may be limited after a term of years, provided

that, if such future estate is subject to a condition precedent, the

condition must occur within the period prescribed by article 9.

(4) A fee or a lesser estate may be limited on a fee, subject to a

condition precedent which must occur within the period prescribed by

article 9.