{"data":{"id":"us-nc/n.c.-gen.-stat.-41-6.5","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 41-6.5","heading":"Common-law rule against perpetuities abolished.","body":"(a)\tThe rule of the common law known as the rule against perpetuities is abolished.\n(b)\tArticle 2 of this Chapter sets out the Uniform Statutory Rule Against Perpetuities.\n(c)\tThis section applies to a property interest or a power of appointment created on or after October 1, 1995. This section clarifies the intent of the General Assembly to abolish the common-law rule against perpetuities when it enacted Chapter 190 of the 1995 Session Laws, which enacted the Uniform Statutory Rule Against Perpetuities. (2022-64, s. 3(a).)","path":["Chapter 41. Estates","Article 1. Survivorship Rights and Future Interests."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_41/GS_41-6.5.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:02:22Z","sha256":"8da8f1fa9c4cf0d1f11e4b701c87253d2f4759ba654e90c388a507271ae80310","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-41-6.4","next":"us-nc/n.c.-gen.-stat.-41-7"},"notice":"GroundRules: Original legal text. Not legal advice."}