Ga. Code § 44-6-61

Current through 2023-2024 Legislative Session Chapter 709
Section 44-6-61 - Vested and contingent remainders distinguished

Remainders are either vested or contingent. A vested remainder is a remainder which is limited to a certain person at a certain time or which is dependent upon the happening of a necessary event. A contingent remainder is a remainder which is limited to an uncertain person or which is dependent upon an event which may or may not happen.

OCGA § 44-6-61