N.Y. Estates, Powers & Trusts Law Section 9-1.4
Acquisition of real property by foreign trust


§ 9-1.4 Acquisition of real property by foreign trust Where real property situated in this state is acquired by a trust validly created under the law of another jurisdiction, whether there is a violation of the rule against perpetuities and whether a direction for the accumulation of rents and profits is valid are determined by the law of this state in effect at the time of the acquisition of such property.

Source: Section 9-1.4 — Acquisition of real property by foreign trust, https://www.­nysenate.­gov/legislation/laws/EPT/9-1.­4 (updated Sep. 22, 2014; accessed Jun. 15, 2024).

Accessed:
Jun. 15, 2024

Last modified:
Sep. 22, 2014

§ 9-1.4’s source at nysenate​.gov

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