{"data":{"id":"us-dc/d.c.-code-19-902","jurisdiction":"us-dc","citation":"D.C. Code § 19-902","heading":"When nonvested property interest or power of appointment is created.","body":"(a)\nExcept as provided in subsections (b) and (c) of this section and in section 19-905(a), the time of creation of a nonvested property interest or a power of appointment is determined under general principles of property law.\n\n(b)\nFor purposes of this chapter, if there is a person who alone can exercise a power created by a governing instrument to become the unqualified beneficial owner of a nonvested property interest or a property interest subject to a power of appointment described in section 19-901(b) or (c), the nonvested property interest or power of appointment is created when the power to become the unqualified beneficial owner terminates.\n\n(c)\nFor purposes of this chapter, a nonvested property interest or a power of appointment arising from a transfer of property to a previously funded trust or other existing property arrangement is created when the nonvested property interest or power of appointment in the original contribution was created.","path":["Title 19. Descent, Distribution, and Trusts. [Enacted title]","Chapter 9. Statutory Rule Against Perpetuities; Uniform Law."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/19-902","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"3407db89f1a41a8f6a104bbbf8891be36daf08d0fddc1f67cb7c8b0178594c60","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-19-901","next":"us-dc/d.c.-code-19-903"},"notice":"GroundRules: Original legal text. Not legal advice."}
