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rule against perpetuity No transfer of property can operate to create an interest which is to take effect after the lifetime of one or more persons living at the date of such transfer and the minority of some person who shall be in existence at the expiration of that period, and to whom, if he attains full age, the interest created is to belong. No bequest is valid whereby the vesting of the thing bequeathed may be delayed beyond the lifetime of one or more persons living at the testators death and the minority of some person who shall be in existence at the expiration of that period, and to whom, of he attains full age, the thing bequeathed is to belong. |