[§525-3] Reformation.
120 words·~1 min read·
/hi/chapter-525/525-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§525-3] Reformation. Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the ninety years allowed by section 525-1(a)(2), (b)(2), or (c)(2) if:
(1)A nonvested property interest or a power of appointment becomes invalid under section 525-1;
(2)A class gift is not but might become invalid under section 525-1 and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or
(3)A nonvested property interest that is not validated by section 525-1(a)(1) can vest but not within ninety years after its creation. [L 1992, c 262, pt of §2]