2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
501A.03 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 section 501A.01, subsection (a)(2), (b)(2), or (c)(2) if:
(1) a nonvested property interest or a power of appointment becomes invalid under section
501A.01 (statutory rule against perpetuities);
(2) a class gift is not but might become invalid under section 501A.01 (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 section 501A.01, subsection (a)(1)
can vest but not within 90 years after its creation.
History: 1987 c 60 s 3
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 section 501A.01, subsection (a)(2), (b)(2), or (c)(2) if:
(1) a nonvested property interest or a power of appointment becomes invalid under section
501A.01 (statutory rule against perpetuities);
(2) a class gift is not but might become invalid under section 501A.01 (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 section 501A.01, subsection (a)(1)
can vest but not within 90 years after its creation.
History: 1987 c 60 s 3
Official Publication of the State of Minnesota
Revisor of Statutes