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West Virginia · Through as of 2026-08-03; contains at least the enactments of the 2026 Regular Session · Newer source version available

W. Va. Code § 36-1-23: Exemption of certain employee trusts from rule against perpetuities or restraints on alienation.

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Where this section sits in the code
  1. CHAPTER 36. ESTATES AND PROPERTY.
  2. ARTICLE 1. CREATION OF ESTATES GENERALLY.

Pension, profit sharing, stock bonus, annuity or other employee trusts heretofore or hereafter established by employers for the purpose of distributing the income and principal thereof to some or all of their employees, or the beneficiaries of such employees, shall not be invalid as violating any laws or rules against perpetuities or restraints on the power of alienation of title to property; but such trusts may continue for such period of time as may be required by the provisions thereof to accomplish the purposes for which they are established.

Collected 2026-09-06T00:28:59Z. Source file · JSON

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