59-3403. Same; reformation.
130 words·~1 min read·
/ks/chapter-59/59-3403A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
59-3403. Same; 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 90 years allowed by subsections (a)(2), (b)(2) or (c)(2) of K.S.A. 59-3401 if:
(1)A nonvested property interest or a power of appointment becomes invalid under K.S.A. 59-3401 , statutory rule against perpetuities;
(2)a class gift is not but might become invalid under K.S.A. 59-3401 , statutory rule against perpetuities, 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 subsection (a)(1) of K.S.A. 59-3401 can vest but not within 90 years after its creation.