Section 70-15-212 - Future and contingent estates - how createdSubject to the rules of parts 1, 3, and 4 of chapter 1, parts 1 and 2 of this chapter, and part 1 of chapter 17:
(1) a freehold estate, as well as a chattel real, may be created to commence at a future day;(2) an estate for life may be created in a term of years and a remainder limited thereon;(3) a remainder of a freehold or chattel real, either contingent or vested, may be created, expectant on the determination of a term of years; and(4) a fee may be limited on a fee upon a contingency which, if it should occur, must happen within the period prescribed in this code.En. Sec. 1222, Civ. C. 1895; re-en. Sec. 4493, Rev. C. 1907; re-en. Sec. 6735, R.C.M. 1921; Cal. Civ. C. Sec. 773; Field Civ. C. Sec. 230; re-en. Sec. 6735, R.C.M. 1935; R.C.M. 1947, 67-514.