Page:United States Statutes at Large Volume 76A.djvu/182

–86– -86This section may not be construed to mean that prior to the enactment hereof the law of the Canal Zone was otherwise than as herein provided. Subchapter II—Conditions of Ownership § 231. Time of enjoyment of property The time when the enjoyment of property is to begin or end may be determined by computation, or be made to depend on events. I n the latter case, the enjoyment is upon condition. § 232. Conditions precedent or subsequent Conditions are precedent or subsequent. The former fix the beginning, the latter the ending, of the right. § 233. Conditions precedent requiring wrongful or unlawful acts If a condition precedent requires the performance of an act wrong of itself, the instrument containing it is so far void, and the right cannot exist. If it requires the performance of an act not wrong of itself, but otherwise unlawful, the instrument takes effect and the condition is void. § 234 Conditions in restraint of marriage Conditions imposing restraints upon marriage, except upon the marriage of a minor, are void; but this does not affect limitations where the intent was not to forbid marriage, but only to give the use until marriage. § 235. Conditions restraining alienation Conditions restraining alienation, when repugnant to the interest created, are void. Subchapter III—Restraints Upon Alienation § 251. Rule against perpetuities; vesting of interest in property An interest in real or personal property is not valid unless it must vest, if at all, not later than 21 years after some life in being at the creation of the interest and any period of gestation involved in the situation to which the limitation applies. The lives selected to govern the time of vesting must not be so numerous nor so situated that evidence of their deaths is likely to be unreasonably difficult to obtain. This section makes effective in the Canal Zone the American commonlaw rule against perpetuities. § 252. Same; determination of permissible period for vesting of future interest The period of time during which an interest is destructible pursuant to the uncontrolled volition and for the exclusive personal benefit of the person having such a power of destruction is not to be included in determining the permissible period for the vesting of an interest within the rule against perpetuities. Subchapter IV—Accumulations § 271. Dispositions of income Disposition of the income of property to accrue and to be received at any time subsequent to the execution of the instnmient creating the disposition, are governed by the rules prescribed in this chapter in relation to future interests.

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