the nonvested property interest or power of appointment is created when the power to become the unqualified beneficial owner terminates.
History. Code 1981, § 44-6-202 , enacted by Ga. L. 1990, p. 1837, § 2.
Structure Georgia Code
Article 9 - Uniform Statutory Rule Against Perpetuities
§ 44-6-201. Validity of Nonvested Property Interest or Power of Appointment
§ 44-6-202. Time of Creation of Nonvested Property Interest or Power of Appointment
§ 44-6-203. Reform of Disposition by Court to Approximate Transferor’s Plan of Distribution