§ 6-5.3 Future estates in the alternative\n Two or more future estates may be created to take effect in the\nalternative, so that if the first in order fails to vest, the next in\nsuccession is substituted for it and takes effect accordingly.\n
N.Y. Est. Powers & Trusts Law § 6-5.3
Future estates in the alternative
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.